Tesco has taken full control of T&S Stores after receiving valid acceptances from shareholders representing 85% of its stock.
The £377m offer has now been declared unconditional but will remain open for acceptances from remaining T&S shareholders until further notice.
Tesco now has the green light to press on with integrating the chain’s 862 c-stores into its estate following last week’s news that regulators will not refer the deal to the Competition Commission for further scrutiny.
The £377m offer has now been declared unconditional but will remain open for acceptances from remaining T&S shareholders until further notice.
Tesco now has the green light to press on with integrating the chain’s 862 c-stores into its estate following last week’s news that regulators will not refer the deal to the Competition Commission for further scrutiny.
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