Published On: Sat, May 19th, 2018

Ocado shares rise 44% after major US tie-up





44 per cent by 2451⁄4p to 7971⁄4p yesterday as it struck a deal for Kroger, one of America’s biggest retailers, to use its technology. Around £1.5billion was added to Ocado’s market value, putting it on course for a place in the FTSE 100 with a £5billion-plus price tag as investors hailed a potentially game-changing partnership.


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