Tesco halted in bid to buy convenience chain

Supermarket giant Tesco faced an 11th-hour hitch in its acquisition of Adminstore today with the news that the Federation of Wholesale Distributors was trying to block the deal.

Tesco announced earlier this year that it was acquiring the family-run chain, which operates the Europa, Harts and Cullens grocery outlets in the London area, for £53.7m (€81.8m).