Three key points in the Tesco-Booker buyout

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Publication

9 February 2017 à 15h26

Updated on 10 May 2019 à 17h59

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2 minutes

Publication: 9 February 2017 à 15h26, Updated on 10 May 2019 à 17h59

Reading time: 2 minutes

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Publication

9 February 2017 à 15h26

Updated on 10 May 2019 à 17h59

Reading time

2 minutes

Publication: 9 February 2017 à 15h26, Updated on 10 May 2019 à 17h59

Reading time: 2 minutes

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Tesco signed an unexpected €4.3-billion deal to purchase rival Booker Wholesale. What’s the rationale behind this external move?

Tony Reynolds: Tesco is the largest retailer in the U.K. (c. 28% market share in the grocery market in late 2016) and Booker is the largest wholesaler.

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