A High Wycombe petrol station will be sold as part of a £6.8 billion Asda takeover from the Issa brothers and TDR Capital.

For the Issa brothers to satisfy concerns that the takeover will not lead to higher prices a deal was offered last month which would see them sell 27 of their current EG Group forecourts.

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The UK competition regulator has now accepted the offer from Asda’s prospective new owners to sell the petrol stations - with the Euro Garages on New Road being one of them.

Asda have said they welcome the news from the Competition and Markets Authority (CMA) that it has accepted the deal put forward by the Issa brothers and TDR Capital.

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The CMA’s confirmation enables the Issa Brothers and TDR Capital to start working with the Asda management team to deliver their strategy.

Asda CEO and President, Roger Burnley, said: “We welcome today’s announcement from the CMA, which means we can now fully embark on the next stage of our journey under new ownership and work with Mohsin, Zuber and TDR to build an even stronger Asda that gives our customers outstanding choice, value and service in our stores and online.”