

(ShareCast News) - Analysts at Standard&Poor's hailed Tesco's announcement of an imminent cash and shares merger with food wholesaler Booker. Nonethel...


** Tesco and Booker both fall c. 2pct after multiple reports the two companies will face a lengthy competition probe ** The UK's largest supermarket c...


* STOXX 600 down 0.3 pct, weighed down by banks * Swiss bank UBS drops after underwhelming results * Tesco rallies on Booker acquisition * Index posts...


* Deal comes after two years of recovery at Tesco * Tesco to restart dividend payments in 2017-18 year * Tesco shares up 10.5 pct, Booker shares up 18...


* STOXX 600 down 0.5 pct, weighed down by banks * But index set for weekly gain on M&A, earnings, Trump boost * Swiss bank UBS drops after underwhelmi...


LONDON, Jan 27 (Reuters) - Britain's biggest supermarket Tesco said it would buy the country's largest cash and carry wholesale supplier Booker in a r...