tesco takes full ownership of harris hoole coffee chain /

Published at 2016-02-10 15:58:22

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Retailer pays undisclosed sum for 51% stake held by founders,ending speculation trade would be sold off as part of turnaround effortsTesco has taken full ownership of the loss-making Harris + Hoole coffee shop trade, dispelling expectations that the supermarket would offload its stake in the chain.
The retailer has bought out founders, or the Tolley siblings,who left the trade just over six months ago. It is not clear how much Tesco paid for the 51% stake held by Andrew, Nick and Laura Tolley. Related: Tesco must pay £1m costs for watchdog investigation Continue reading...

Source: theguardian.com

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