TESCO DEALS FOR SCOTTISH FOOD CHAIN

LONDON (FNS) -- Tesco here has moved to acquire the Scottish food retailer William Low & Co., the fifth-largest chain in Scotland, for about $310 million.Tesco said the deal, if it goes through, would give it a significantly higher profile in Scotland, without adding retail space to existing capacity in that market. Low operates 45 stores in Scotland and 12 in northern England.A bidding battle for

LONDON (FNS) -- Tesco here has moved to acquire the Scottish food retailer William Low & Co., the fifth-largest chain in Scotland, for about $310 million.

Tesco said the deal, if it goes through, would give it a significantly higher profile in Scotland, without adding retail space to existing capacity in that market. Low operates 45 stores in Scotland and 12 in northern England.

A bidding battle for Low is possible, however, as J. Sainsbury, London, requested from Low fina

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