Tesco has agreed a deal to buy wholesale food supplier, Booker in a £3.7 billion deal. Booker supplies restaurants, pubs and convenience stores with a range of food items and also owns the Premier, Budgens and Londis convenience-store brands. Tesco is expanding beyond its traditional food retailing business and making strides into the restaurant and takeaway food sectors. Markets have reacted favourably to the deal, as Tesco acts to adapt to a food market with fewer weekly shops and more cash and dash consumerism. To read more, click here.

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