Grocers brace for verdict on Tesco’s £3.7bn cash and carry takeover – Telegraph.co.uk

Earlier this month the bosses of seven of the UKs largest wholesalers argued that the deal threatens the survival of the independent retailer and called on the CMA to block the deal. The wholesalers, which include the countrys largest buying group Todays Wholesale Services, Spar, Bestway, Bidfood, Landmark, Confex and Sugro, argued that the Booker…

Varun Resources, India’s largest LPG carrier owner, on brink of collapse – Hellenic Shipping News Worldwide

Varun Resources Ltd, Indias largest owner of liquefied petroleum gas (LPG) carriers, has had to halt operations of its eight Indian-flagged LPG tankers at the behest of a consortium of 12 banks led by State Bank of India after defaulting on loans of about 2,000 crore, putting its future at stake. Compounding the issue, the…

UK personal insolvencies hit five-year high in gloomy sign for economy – Reuters

LONDON (Reuters) – The number of people registering as insolvent in England and Wales hit a five-year high in the third quarter, according to figures on Friday that hinted at trouble brewing in Britains consumer economy. FILE PHOTO: People walk across Westminster Bridge in London, Britain, June 22, 2017. REUTERS/Marko Djurica The governments Insolvency Service…

Essar Group, Tatas bid to acquire Essar Steel – The Hindu

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