Big Takhover by North American Supermarket Group in Iritain

The Bulletin Vol. 2, No. 24, 30 June 1963 · p. 12 of the scan · 90 words

The scan: tb-v02n024-jun-30-1963.pdf (PDF, Marxists Internet Archive, opens at this page)

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One of North America's largest supermarket groups is to take over control of the Fine Fare chain of 650 stores from Associated British Foods. Tho Chairman of ass, British, announced on. June 24th that his company is selling 51% stake in its supermarket subsidiary to Dicoa Holding Investment Company, which is owned by the Teston Group of Canada, Dicoa operates over 2,000 North American stores with a total annual turnover of more than £1,C00 m,, it will pay £3.8 m. for this controlling interest.

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