Mar 2, 2018 | News, Retailing, Wholesaling
Shareholders have now voted in favour of Tesco’s takeover of Booker, in a deal that was valued at £3.7 billion when it was agreed in January 2017. The deal, which will see Tesco take over the cash-and-carry business that also owns store chain Londis and grocery...
Feb 5, 2018 | News, Retailing
Booker Group’s current chief executive, Charles Wilson, has been appointed as CEO of Tesco’s retail and wholesale operations in the UK and Republic of Ireland. He will take up the role upon completion of the retailer’s merger with Booker Group, expected to be 5th...
Nov 14, 2017 | News, Retailing
The UK’s competition regulator has provisionally cleared Tesco’s £3.7bn takeover of Booker. The Competition and Markets Authority (CMA) has stated that the deal could in fact increase competition in the wholesale market and mean reduced prices for consumers. CMA added...
