Online & DigitalSupermarkets
Ocado boss plans to retain stake in M&S JV
The news comes as the ยฃ750m deal for a 50% stake in Ocado Retail will complete five years in August, after which both groups can choose to sell their shares to each other
Time Steiner, Ocado CEO, has reportedly announced that the group plans to retain its stake in Ocado Retail, its joint venture with Marks and Spencer (M&S), according to the Financial Times.
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