With an impressive investment of €7mln, Bene Bono is set to tackle the issue of food waste head-on. Source: news.sky.comUK's Asda to buy EG petrol stations unit in $2.9bln dealBritish supermarket Asda said it would buy the bulk of petrol station operator EG Group's UK and Ireland business to speed up its move into the convenience sector, creating a company with combined revenue of nearly 30bln pounds ($38bln). Asda, Britain's third-largest grocer, and EG are both owned by brothers Zuber and Mohsin Issa and private equity group TDR Capital. The unit of around 350 petrol stations and over 1,000 food-to-go locations will be valued at 2.27bln pounds. Speaking on the occasion, Kunwarjeet Grover said: "I am honoured and excited to join Pluckk as Head of Growth.

Source: Economic Times May 30, 2023 12:50 UTC