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Tesco takeover is not out of the question but there are significant obstacles

Tesco takeover is not out of the question but there are significant obstacles

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Tesco PLC once made a hubristic attempt to conquer the USA but now there is growing speculation it could end up in US hands. After US private equity group Fortress was defeated by Clayton, Dubilier & Rice in its attempt to buy Wm Morrison Supermarkets last weekend, pundits are wondering whether Fortress will seek other targets in the UK’s supermarket sector.

...read full article on Proactive Investors

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