Tesco announces offer for 30 petrol stations
Tesco today announced that it has made an offer to acquire up to 30 former BP/ Safeway petrol stations in the UK from WM Morrison, subject to BP pre-emption rights on 12 petrol stations.
The value of the gross assets attributable to the 30 sites and convenience stores at 30 January 2005 was approximately £55.3m (€80.8).