Co-Op Pounds 1.6bn Tie-Up

Daily MailMarch 03, 2009

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Summary


THE Co-operative Group today completed its Pounds 1.6bn takeover of grocery chain Somerfield, cementing its position as the UK's fifth largest food retailer.

It now has around 3,000 outlets with a market share of 8pc and annual sales exceeding Pounds 7bn.

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Co-Op Pounds 1.6bn Tie-Up

Chief executi...

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