Mergers and Acquisitions

Markets

Tesco merges with Booker in $4.7 billion deal

Tesco, Britain's biggest supermarket chain, has agreed to buy food wholesaler Booker Group for 3.7 billion pounds ($4.7 billion), as it seeks to boost growth by supplying products to rivals such as convenience stores and independent retailers.

Markets

Tesco merges with Booker in $4.7 billion deal

Tesco, Britain's biggest supermarket chain, has agreed to buy food wholesaler Booker Group for 3.7 billion pounds ($4.7 billion), as it seeks to boost growth by supplying products to rivals such as convenience stores and independent retailers.