8:11:26 Southern Co-op merger with the Co-op Group approved following financial difficulties The approval of Southern Co-op’s merger with Co-op Group represents progress towards the organisations’ stated objective of combining financial strength and operational scale. It also records the loss of Southern Co-op’s independent position following sustained financial pressure. The published explanations identify the immediate reasons for the rescue, but do not constitute an independent examination of every factor behind the losses or establish whether different earlier decisions could have prevented them.
Co-operatives Wales
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