Andrea Felsted, Columnist

Grocery Giant's Boss Hands Christmas Gift to His Enemies

Tesco's ho-hum trading gives Booker shareholders even more power to demand Dave Lewis pays up to acquire the company.

January 11, 2018 at 9:47 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

1515665704_GettyImages-829891586 — Louisa Buller - PA Images/PA Images via Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Tesco Plc had a good Christmas. The trouble is, it needed a great one.

Chief Executive Officer Dave Lewis is trying to convince his investors to back the company's 3.9 billion pound ($5.3 billion) purchase of Booker Plc.