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Posted by
Two Blokes Jun 13 -
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Stock
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Ocado Group PLC (LSE:OCDO) has tapped into a $152 million Letter of Credit as part of its long-standing partnership with US retailer Kroger Co (NYSE:KR, ETR:KOG). The Letter of Credit, arranged back in 2018 when Ocado and Kroger teamed up to build Kroger's online grocery business, was set to mature after seven years.
