Article 6JZYQ Ocado ‘could sue’ M&S in dispute over £190m final payment

Ocado ‘could sue’ M&S in dispute over £190m final payment

by
Jack Simpson
from World news | The Guardian on (#6JZYQ)

Marks & Spencer, which owns 50% of online grocer, is withholding part of the sum, saying targets were missed

Ocado has threatened to sue Marks & Spencer over a multimillion-pound payment linked to their online joint venture.

M&S, which owns 50% of Ocado Retail, is withholding part of the 190m final payment after their delivery tie-up failed to hit certain performance targets.

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