--Barclays is exploring buying Tesco's banking operations and has submitted an indicative bid, Reuters reports, citing unnamed sources.

--The U.K. retailer has asked potential buyers to submit offers for Tesco Bank by the end of the week and other offers besides the British lender's are expected, Reuters reports.

--Barclays declined to comment and Tesco didn't immediately respond to a request for comment by Dow Jones Newswires.

 

Full story: https://tinyurl.com/4k9r7vk7

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

November 17, 2023 10:23 ET (15:23 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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