Tesco PLC Tesco and Carrefour Strategic Alliance Update (8470W)
August 06 2018 - 2:00AM
UK Regulatory
TIDMTSCO
RNS Number : 8470W
Tesco PLC
06 August 2018
Tesco PLC ("Tesco")
LEI Number: 2138002P5RNKC5W2JZ46
6 August 2018
TESCO AND CARREFOUR SIGN LONG-TERM STRATEGIC ALLIANCE
Further to their announcements dated 2 July 2018, Tesco and
Carrefour are pleased to confirm that they have formally entered
into a long-term, strategic alliance.
As previously described, the Alliance will cover the strategic
relationship with global suppliers, the joint purchasing of own
brand products and goods not for resale. It will be governed by a
three-year operational framework.
Following the formal agreement announced today, we expect that
the Alliance will become operational in October 2018.
Contacts
Tesco
Investor Relations: +44 (0) 1707 912 900
Media: +44 (0) 1707 918 701
Carrefour
Investor Relations: +33 (0) 1 41 04 28 83
Group Communications: +33 (0) 1 41 04 26 17
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END
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