The UK-based Co-operative Group has planned a complete takeover of its rival chain Somerfield. The deal is estimated to be pegged at around £1.6 billion. The Somerfield deal will take Co-op’s portfolio to more than 3,100 supermarkets and convenience stores. The group will have almost 8 per cent of the market share, closing in on […] ↓ Read the rest of this entry…