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Ocado is popping after rumours that Amazon is ready to make a takeover offer
2016-01-19 13:58:48| Grocery - Topix.net
The speculation has sent Ocado's shares jumping on Tuesday morning, and as of 10:20 a.m. GMT , the company's stock is up by 18% to A 2.85 per share. Here's how shares looked a few minutes ago: Speculation about Ocado being bought by Amazon has been around for a while now, and several major banks, including Credit Suisse and Goldman Sachs have already expressed their belief that Ocado shouldn't try to resist if Amazon were to make them an offer .
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Category:Food and Related Products