Zuber Issa Acquires 85 Forecourts from Failed Prax Group
Billionaire Zuber Issa has acquired 85 petrol stations from collapsed UK fuel company Prax Group, expanding his EG On The Move business to 285 forecourts. This acquisition follows a series of rapid deals and marks another step in building an independent fuel empire after splitting from the brothers' previous venture, EG Group.
Tickers: $TTE
Topics: Acquisition Entrepreneurship Fuel Retailing Petrol Stations