-- 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.