Posts Tagged ‘somerfield’

Co-op to buy Somerfield July 13th, 2008

The Co-operative Group’s £1.6bn deal to buy Somerfield looks set to be concluded this week. This is good news for the consortium who own Somerfield as they look set to pocket around £700m. The Co-op look set to shake up Somerfield and  sell-off as many as 150 stores to rival groups.

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  • Selection from Glossary

    • Bear Market
      A bear market describes a market that is falling. A bear is someone who believes the market will fall and will sell shares with a view to buying them back at some point in the future at a lower price.