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Asda Owners to Acquire EG Group's UK and Ireland Petrol Stations for £2.27bn, Announces Ian King Live

Join Ian King for an hour of business and economic news from the heart of The City as Asda chairman Stuart Rose says "Asda's acquisition of EG UK and Ireland will create a consumer champion like the UK has never seen", ahead of Asda Group acquiring petrol station operator EG Group's UK and Ireland business, creating a company with combined revenues of nearly £30bn. Read more of the Sky News exclusive here 👉 Also in the headlines: 🔵 Food inflation slows in May - but still rises 15.4% year-on-year 🔵 Only a third of hospitality firms optimistic about their future - as average energy prices rise by 81% For all your latest business news 👉 #SkyNews #IanKingLive #Inflation #Economy #Asda #Petrol SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: Follow us on TikTok: For more content go to and download our apps: Apple Android Sky News Daily podcast is available for