Tesco, a British multinational grocery and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England gets approval for $5.51 billion USD takeover of Booker.
By Jamie Barrie
The deal has Britain’s biggest retailer and the third-largest retailer in the world, with stores in 12 countries taking over Britain’s largest wholesaler, Booker, in a cash and share deal that has received court approval and backed by both companies share holders.