- Reuters•3 hours ago
Two of Tesco Plc's (TSCO.L) biggest shareholders have called on the supermarket group to withdraw its 3.7 billion-pound ($4.7 billion) agreed offer for wholesaler Booker Group Plc (BOK.L), potentially casting doubt on the deal's progress. Schroder Investment Management (SDR.L) and Artisan Partners, Tesco's third and fourth largest investors with stakes of 4.49 and 4.48 percent respectively, both said on Monday they were against the transaction. In a letter to Tesco Chairman John Allan, Schroders fund manager Nick Kirrage and the asset manager's global head of stewardship Jessica Ground called on investors who share their view to speak out against the deal announced on Jan. 27.
- Reuters - UK Focus•3 hours ago
Two of Tesco Plc's biggest shareholders have called on the supermarket group to withdraw its 3.7 billion-pound agreed offer for wholesaler Booker Group Plc, potentially casting doubt on the deal's progress. ...
- Sky News•3 hours ago
Two of Tesco (Frankfurt: 852647 - news) 's biggest shareholders have called on the supermarket to scrap its planned £3.7bn takeover of wholesaler Booker. Schroders Investment Management and Artisan Partners are the retailer's third and fourth largest investors each, with stakes of around 4.5%. Tesco, Britain's biggest supermarket, said it had been listening closely to its shareholders.
TSCO.L: Summary for TESCO PLC ORD 5P - Yahoo Finance
Tesco PLC (TSCO.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||187.00 x 215000|
|Ask||192.50 x 175000|
|Day's range||187.55 - 190.55|
|52-week range||143.08 - 219.40|
|PE ratio (TTM)||37.25|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|