Ocado mulls flotation to milk upturn in market

Summary


ONLINE supermarket Ocado could take advantage of improving market conditions by floating on the stock market as early as next year.

The company recently moved into profit on an operational basis, though it has racked up losses of Pounds 200 million since its inception in 2002, prompting Tesco chief executive Sir Terry Leahy to call it a charity.

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Ocado mulls flotation to milk upturn in market

A float would allow around 10...

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