TESCO, London, said last week its board is in talks with the board of Associated British Foods to acquire the ABF Irish chains Quinssworth, Crazy Prices and Stewarts in a transaction valued at more than 500 million pounds. Local industry watchers say the deal, if completed, would be the largest such takeover in Irish history and would give Tesco a 26% share of the grocery market in Ireland and a 30% share in Northern Ireland. ican will repurchase 12.2 million shares from the family at a ...
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