Wednesday, February 27, 2019

M&S taps investors and cuts dividend to fund Ocado deal

British retailer Marks & Spencer will raise cash from investors and cut its dividend to finance a joint venture with online supermarket pioneer Ocado that will give M&S a full online food delivery service for the first time.


from Reuters: Technology News https://ift.tt/2GOxyPk

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Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

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