Ocado Group PLC (LON: OCDO) surged more than 11% at the open after securing a larger-than-expected $350m cash settlement from its US partner Kroger Co (NYSE: KR, XETRA: KOG). The
Ocado Group PLC (LON:OCDO) Reports Another Loss as Shares Slide over 16%
Ocado Reports Another Loss as Shares Slide
Ocado warns of potential legal action against M&S amid dispute regarding online grocery agreement
Ocado has issued a legal threat against Marks & Spencer regarding a substantial payment related to their online grocery collaboration, as tensions escalate over performance issues.
Ocado’s stock falls amid potential payment withholding by M&S
Shares of Ocado Group PLC (LSE: OCDO) dropped nearly 8% following news that Marks & Spencer might withhold performance-related payments from the online grocery delivery company.