Tesco is among a small handful of suitors who have expressed interest in taking over 108 Crown-owned Post Offices.
Following a review of the state-owned company last autumn initiated by Nigel Railton, the Post Office chairman, the Post Office called for expressions of interest to take on the 108 Crown Post Offices.
Sky News Reported that Nigel Railton, the Post Office chairman, told a group of MPs this week that Tesco had informed it of a potential interest in taking over the sites. One MP who attended the talks on the future of the directly managed branches told Sky News that “Mr Railton had given the impression in his remarks that Tesco was among a small number of suitors which could take over the entire 108-strong network.”
A Post Office spokesperson told Sky News that: “We are fully committed to engaging openly and transparently with MPs regarding any potential plans related to our Directly Managed Branch (DMB) network. Since inviting expressions of interest for 108 Post Offices that we currently operate, we have received interest from retail partners and independent postmasters in the hundreds.”