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Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.20 -0.47% 255.95 255.50 255.65 259.75 255.50 258.40 30,047,253 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 57,887.0 825.0 63.8 4.0 19,805

Carrefour, Tesco Decide Not to Extend Buying Alliance

07/06/2021 7:57am

Dow Jones News


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By Joshua Kirby

 

Carrefour SA and Tesco PLC will not extend a purchasing alliance agreement when it ends this year, the two grocers said Monday.

France's Carrefour and U.K. peer Tesco in 2018 agreed to join together in a three-year purchasing alliance, which will end on Dec. 31 this year.

The partnership has enabled access to new suppliers, sources and products but the two companies will now focus on their own opportunities, the pair said.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

June 07, 2021 02:55 ET (06:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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