Actually, just part of Safeway Plc.
The Times of London reports that Tesco, the UK’s number one retailer, is considering a bid for 64 small Safeway units that qualify as convenience stores.
If Tesco were to make such a move, it would complicate efforts to acquire all of Safeway by Sainsbury, Wal-Mart’s Asda Group, and Wm Morrison.
The Times of London reports that Tesco, the UK’s number one retailer, is considering a bid for 64 small Safeway units that qualify as convenience stores.
If Tesco were to make such a move, it would complicate efforts to acquire all of Safeway by Sainsbury, Wal-Mart’s Asda Group, and Wm Morrison.
- KC's View:
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Okay, we were wrong. We figured that there was no way that Tesco could get into the bidding.
But this story just keeps getting more and more intriguing.
