LONDON (FNS) -- Tesco here has moved to acquire the Scottish food retailer William Low & Co., the fifth-largest chain in Scotland, for about $310 million. Tesco said the deal, if it goes through, would give it a significantly higher profile in Scotland, without adding retail space to existing capacity in that market. Low operates 45 stores in Scotland and 12 in northern England. A bidding battle for Low is possible, however, as J. Sainsbury, London, requested from Low financial ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.