News Out of Europe: Tesco Buys Booker
Britain's biggest supermarket buys wholesaler Booker for $4.6 billion.
Here is a round-up of the news out of Europe.
Britain's biggest supermarket, Tesco, has bought wholesaler Booker. The $4.6 billion deal will see Tesco pay 205.3 pence per share.
The world's biggest wealth manager posted better-than-expected results. UBS (UBS) - Get Reportearned €0.19 per share, ahead of analysts' forecasts.
BT's (BT) third-quarter earnings plunged nearly 60% after the telecom firm took a £268 million charge over the accounting scandal in its Italian unit.
