Tesco: asking the right questions of the proposed merger with Booker

Tesco: asking the right questions of the proposed merger with Booker

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Whilst aspects of Tesco’s merger with Booker look strategically defensible, LAPFF is concerned by the degree to which this transaction is aimed at enabling Tesco to grow outside its core retail grocery business and by standards of governance around the approval of the deal at Board level.

Whilst aspects of Tesco’s merger with Booker look strategically defensible, LAPFF is concerned by the degree to which this transaction is aimed at enabling Tesco to grow outside its core retail grocery business and by standards of governance around the approval of the deal at Board level.

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