Asda’s new owners have avoided a competition probe after agreeing to sell 27 petrol stations owned by the EG Group.
The Issa brothers bought Asda in combination with private equity firm TDR for £6.8bn last year.
But the pair also own EG Group, which operates 395 petrol stations in the UK while Asda has 323.
In April, competition watchdog the CMA said it was concerned about the impact on prices in certain parts of the country if the two businesses were put together.
As a remedy, the Issa brothers proposed the disposal of the petrol stations last month and this has now been officially accepted by the CMA.
Because of the delay caused by the concerns raised by the regulator, the new management team have yet to start work at the grocery chain, but this will change now with the CMA green light.
In a statement, TDR and the Issa brothers said: “We welcome the CMA’s announcement today marking the end of its review process and acceptance of our proposed undertakings.
“We can now push ahead with our exciting plans for Asda and look forward to working with the Asda management team to invest in the business to drive growth, including continuing to accelerate Asda’s online offer, sourcing more food from UK farmers, and bringing enhanced convenience to customers.”