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Stock Market & Financial Investment News

News Breaks
November 16, 2012
06:10 EDTJSAIY, TSCDYOFT examines Tesco, Sainsbury loyalty cards, Telegraph reports
Tesco's (TSCDY) Clubcard and Sainsbury's (JSAIY) Nectar loyalty scheme will be scrutinized by the Office of Fair Trading after the watchdog said it will explore personalized pricing on the internet, the Telegraph reports. The OFT is examining how retailers target customers with personalized offers after monitoring their online shopping habits. Reference Link
News For TSCDY;JSAIY From The Last 14 Days
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August 27, 2015
19:38 EDTTSCDYFormer Tesco CEO to be questioned by U.K. prosecutors, Bloomberg says
Former Tesco CEO Philip Clarke has been notified to come in for "interviews under caution" with the U.K. Serious Fraud Office related to an earlier accounting scandal, Bloomberg reported earlier, citing people with knowledge of the matter. Former commercial director Kevin Grace has also been asked to come in for questioning, said the sources. Reference Link
06:35 EDTTSCDYTemasek partners with MBK for Tesco unit bid, Reuters reports
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August 25, 2015
06:16 EDTTSCDYKKR, Carlyle bid for Tesco's South Korean unit, Reuters reports
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August 21, 2015
07:36 EDTTSCDYKKR, Affinity teaming up to bid for Tesco's South Korean unit, Reuters reports
KKR (KKR) is teaming up with Affinity Equity Partners to bid for Tesco's (TSCDY) South Korean unit, Reuters reports, citing sources. Another bidder, Carlyle (CG), is teaming up with Singapore's GIC, the sources say. The Tesco unit is valued at about $6B. Reference Link

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