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The planned cash and shares takeover shows the supermarket chain's renewed confidence after two years of gradual recovery under Chief Executive Dave Lewis after an accounting scandal.The group also said it would restart paying dividends for the 2017 18 financial year, having not paid one since the second half of its 2014 15 year when it was mired in the worst crisis in its history.Lewis joined in September 2014 when Tesco was rapidly losing market share to German discount rivals and has also had to deal with the fallout from the accounting scandal.The former Unilever executive has simplified operations, revitalizing its core grocery business in Britain, while cutting costs and selling assets including its South Korean business for $6.1 billion.Friday's move marked a dramatic change of gear and signals even more focus on its British business where it has a 28 percent share of the grocery market. He said the two companies had been talking for more than a year.However, analysts said the deal could face close regulatory scrutiny, particularly because of its impact on customers at smaller convenience stores and food industry suppliers. 3 resignation, did not support the deal."He, for his own reasons, didn't feel it was something he supported," said Lewis.

Once inside there is excellent shelter in all weathers. Visitor's berths are behind the windward mole, alongside, two and three deep. Anchoring is not advised, you will almost cetainly get gear tangled. Get daily updates directly to your inbox+ SubscribeThank you for subscribing!RYAN BRAWLEY won't need to look far from the ring for inspiration when he fights for the Scottish lightweight title at the St Andrews Sporting Club next month.A glance at the top table will put him in touch with a glittering array of high achievers.The annual St Andrews night spectacular on January 24 is being used to celebrate Rangers boss Walter Smith as he prepares to leave the club at the end of the season.Sir Alex Ferguson is on the guestlist along with Graeme Souness, the man Smith succeeded at Ibrox.Record Sport columnist Jim McLean, who started Smith in coaching at Dundee United, will be there along with Gers backroom team Ally McCoist, Kenny McDowall and Ian Durrant.Celtic will be represented by players and managers past and present including Neil Lennon, Billy McNeill, Billy Stark and Murdo MacLeod.The glitterati have a wealth of accomplishments but Brawley's fight against champ Stuart Green is the start of what he hopes will be the road to his destiny.His manager Tommy Gilmour said: "Ryan could have fought Gavin Reece for a shot at the British title but chose to try to become the best man in his division in his own country first."I admire that but Ryan will need to be careful his strategy doesn't fall apart against Green. Ryan is undefeated as a pro and we're going to give him a real sense of occasion."Pipes and drums will escort him into the ring and when he looks around he'll see he's involved in the night of a thousand stars."Barry Hearn will be another guest because Brawley is a former winner of TV's Prizefighter, Hearn's brainchild.Gilmour said: "Barry wants to see if Ryan can pick up where he left off in Prizefighter and I believe he can. It's up to Ryan to live up to his reputation."Wlad to meet you DAVID HAYE last night challenged Wladimir Klitschko to thrash out terms for a heavyweight title showdown.Wba champion Haye withdrew from a 2009 fight with the Ukrainian because of injury but is ready to face the holder of the IBF and WBO belts.The British star's manager Adam Booth said: "We've offered 50 50 on everything and see no reason why this fight can't take place."Like us on FacebookFollow us on TwitterDaily NewsletterTransfer TalkTransfer news live as Celtic and Rangers plus the rest of the Premiership step up their squad rebuilds for new seasonScotland's best transfer blog is up and running join us for all the latest done deals, news and rumours from Scottish football and further afield.Celtic FCCeltic dealt blow as Liverpool end interest in Virgil van DijkThe Hoops were set for a bumper sell on fee for their former star but the deal is now off the table after the Anfield side retreated.Celtic FCFormer Celtic star Darren O'Dea recalls the time Roy Keane got his own back on Mark WilsonThe former Hoops defender told Open Goal's Simon Ferry about the time the Irish football legend made his team mate pay in training.Rangers FCRangers target Daniel Candeias opens door for Pedro Caixinha approach and says he's ready to talkThe Benfica winger who has just finished a loan spell in Turkey with Alanyaspor says he is interested in speaking to Caixinha.Rangers FCRangers boss Pedro Caixinha backs new signing Fabio Cardoso to become full Portugal internationalThe Gers boss is set to pair the 23 year old former youth cap in his central defence with fellow new arrival Bruno Alves.BMWHistoric Black Beauty Touring Car on its way to the UKA real treat is in store for motorsport fans who recall the halcyon days of racing in the 1980s, as the famous Black Beauty touring car is coming to the UK for the first time all the way from its home Down Under.Transfer TalkTransfer news live as Celtic and Rangers plus the rest of the Premiership step up their squad rebuilds for new seasonScotland's best transfer blog is up and running join us for all the latest done deals, news and rumours from Scottish football and further afield.

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