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Booker Group News

S&P keeps Tesco at BB+, but outlook unchanged at 'stable'
1 Feb 2017

S&P keeps Tesco at BB+, but outlook unchanged at 'stable'

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

BUZZ-Tesco/Booker: fall on reports of competition scrutiny
30 Jan 2017

BUZZ-Tesco/Booker: fall on reports of competition scrutiny

** 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...

European shares lower as UBS weighs on banks; Tesco surges
27 Jan 2017

European shares lower as UBS weighs on banks; Tesco surges

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

UPDATE 4-Resurgent Tesco surprises with $4.6 bln swoop for wholesaler Booker
27 Jan 2017

UPDATE 4-Resurgent Tesco surprises with $4.6 bln swoop for wholesaler Booker

* 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...

European shares lower as UBS weighs on banks; Tesco surges
27 Jan 2017

European shares lower as UBS weighs on banks; Tesco surges

* 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...

Tesco to buy UK wholesaler Booker for 3.7 bln stg
27 Jan 2017

Tesco to buy UK wholesaler Booker for 3.7 bln stg

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...