Tesco Merges with Booker at 3.7bn

Tesco merged with cash and carry wholesale supplier Booker in a £3.7bn in a deal or 205.3p per share, it claims will create UK’s leading food business and the deal means Tesco can boast 5,400 stores and 2, 900 small shops, including Tesco Express, Metro and One Stop Brands and will save £200m a year…