Somerfield

Co-operative Group to takeover Somerfield

Indiaretailing Bureau - July 14, 2008

The UK-based Co-operative Group has planned a complete takeover of its rival chain Somerfield. The deal is estimated to be pegged at around £1.6 billion.The Somerfield deal will take Co-op's portfolio to more than 3,100 supermarkets and convenience stores....

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