Alex Brummer from The Daily Mail says it would be tech vandalism if Ocado were sold to Amazon, or any overseas predator. “Our politicians, asset managers, and those who genuinely believe that the UK could be its own Silicon Valley, should be greatly troubled by the unstable rally in Ocado shares. It doesn’t very much matter whether the suitor turns out to be Amazon or anyone else,” he said.
Read the full article on the This is Money website
NAM Implications:
- This ‘technology, software and robotic trailblazer, bringing its inventiveness to shopping chains across the globe from Kroger in the US, to Casino in France and Sobeys in Canada’
- Ocado deserves better…
- …but it will probably take a sale to a third party to realise its global potential.
