Asda billionaire Mohsin Issa denies rift with brother Zuber

Relationship: Victoria Price and Mohsin Issa said they are building a life together

Relationship: Victoria Price and Mohsin Issa mentioned they’re constructing a life collectively

Mohsin Issa has insisted there isn’t a rift between him and his youthful brother Zuber.

The billionaire brothers and personal fairness agency TDR Capital took management of Asda in a debt-fuelled £6.8billion swoop in 2021.

But their relationship was understood to be underneath pressure. Moving to quash the hypothesis yesterday, he advised the BBC: ‘There is totally no rift between myself and Zuber – we get on exceptionally effectively. 

‘We speak to one another in all probability two or 3 times a day.’ 

While Mohsin, 52, runs the grocery store, Zuber, 51, oversees forecourt big EG Group, which can be a part of the household empire.

The feedback come simply weeks after hypothesis that the brothers had fallen out over Mohsin’s relationship with Victoria Price, an accountant he met in 2018 when she offered him with an entrepreneur of the 12 months award.

Mohsin has confirmed that he’s in a relationship with Price, 41, after strolling out on his spouse of almost 30 years Shamim. The entrepreneur additionally mentioned he was finishing up a ‘reset’ on the grocer earlier than appointing a chief govt to run the enterprise.