The Office of Fair Trading has passed on its advice, regarding the acquisition of T&S stores by Tesco, to the Department of Trade and Industry.
Secretary of state at the DTI Patricia Hewitt will now make a decision about the deal by December 18.
Meanwhile, said it has Tesco has received valid acceptance of its offer of some 48.6% of T&S’ existing issued share capital.
The offer period has been extended to December 20.
Secretary of state at the DTI Patricia Hewitt will now make a decision about the deal by December 18.
Meanwhile, said it has Tesco has received valid acceptance of its offer of some 48.6% of T&S’ existing issued share capital.
The offer period has been extended to December 20.
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