Market report: Tesco gets competition thumbs-up for Booker deal, Low & Bonar warns
The Competition and Markets Authority (CMA) has given the all-clear for Tesco's (TSCO) takeover of grocery wholesale supplier Booker (BOK) after ruling the pair out as competitors.
The CMA says ‘Tesco, as a retailer, and Booker, as a wholesaler, do not compete head-to-head in most of their activities.’
The decision was widely expected but it will leave many Tesco shareholders ...
