Supermarkets

  • Tesco Might Buy Majestic

    London South East reports that that Tesco is among the bidders considering the acquisition of Majestic Wine Group after owner Fortress Investment Group began a formal sale process, with analysts suggesting the business could fetch hundreds of millions of pounds. Majestic has more than 200 stores across the UK and Jersey and also supplies the hospitality sector through its commercial operations and Enotria brand, while one analyst suggested Tesco could pursue a deal through its Booker wholesale arm