M&S and Ocado set to sign deal

Ocado

Source: Shutterstock/ Willy Barton

Marks & Spencer and Ocado are set to sign a £900m deal giving M&S a food delivery service for the first time.

The two have been in talks for a month, according to reports, and are expected to announce the new joint venture in the coming days ahead of Ocado’s 1 March break clause in its agreement with Waitrose.

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