Tag Archives: Tim Steiner

M&S and Ocado announce new joint venture

Marks and Spencer today (Wednesday January 27) announced the creation of a new 50/50 joint venture with pureplay digital grocer Ocado. Under the deal, M&S will acquire a 50% share of Ocado’s UK retail business for up to £750 million. The joint venture will trade as Ocado.com but will benefit …

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