Tesco In Talks To Buy Paperchase Brand, Sky News Reports

Dow Jones

2023-01-31

-- Tesco PLC is in advanced talks to buy stationary chain Paperchase's name and other intellectual property in a deal that could take place on Tuesday at the earliest, Sky News reports citing unnamed sources.

-- The grocer is unlikely to be interested in Paperchase's stores, which puts its employees at risk of losing their jobs, according to Sky News.

Full story: https://bit.ly/40fjrrQ

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

January 31, 2023 08:52 ET (13:52 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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