Terry Leahy

Terry Leahy News

  • B&M Hires Four Banks to Raise $948 Million of Loans for Buyout

    B&M Retail Ltd. hired four banks to raise 585 million pounds ($948 million) of leveraged loans to back its buyout by U.S. private-equity firm Clayton, Dubilier & Rice LLC, according to a person with knowledge of the deal.

  • Tesco Haunted by Leahy Ambitions as Grocer Prepares to Exit U.S.

    In more than a decade as chief executive officer of Tesco Plc, Terry Leahy prided himself on the creation of an international business that grew to become a third of sales. His successor is starting to dismantle it.

  • Tesco Poised to Exit U.S. After Starting Fresh & Easy Review

    Tesco Plc, the U.K.’s largest grocery company, said it will likely leave the U.S. after announcing a review of its Fresh & Easy unit in the country and the departure of the unprofitable business’s head.

  • Tesco CEO Leahy to Retire in March; Clarke to Succeed Him

    Tesco Plc, the largest U.K. retailer, said Chief Executive Officer Terry Leahy will step down in March after 14 years in the position. Phil Clarke , the head of the company’s operations in Asia and Europe, will succeed him.

  • Tesco's Clarke Faces `Big Struggle' in U.K. as Rivals Close In

    Philip Clarke spent the last seven years helping Tesco Plc expand across the globe. When he succeeds Terry Leahy as chief executive officer next week, his first task is to take back Britain.

  • Clayton, Dubilier Hires Former Tesco Chief Leahy

    Clayton, Dubilier & Rice LLC, the private-equity firm whose investments include Hertz Global Holdings Inc., hired former Tesco Plc Chief Executive Officer Terry Leahy as a senior adviser.

  • Tesco First-Half Profit Gains as International Sales Rebound

    Tesco Plc Chief Executive Officer Terry Leahy marked his last announcement of the U.K. retailer’s results by reporting profit that beat estimates and forecasting an earlier end to U.S. losses than some had anticipated.

  • Tesco's Clarke Faces Tough Start as CEO

    Tesco Plc Chief Executive Officer Terry Leahy , who said yesterday he will step down next year, came to dominate the U.K. retail market. He’s leaving the rest of the world and a crowded domestic industry to his successor.

  • Former Tesco Chief Leahy Invests in Nicotine Startup, FT Reports

    Former Tesco Plc Chief Executive Officer Terry Leahy has invested in Kind Consumer, a medical devices group that develops non-tobacco nicotine delivery systems, which will announce a commercial partnership with British American Tobacco Plc’s Nicoventures today, the FT reported without saying where it got the information. Leahy also bought a 3 percent stake in Internet retailer The Hut Group, which owns websites and plans a London Stock Exchange listing, the FT said.

  • Stocks, Pound, U.S. Futures Drop; Gold Reaches Record

    European stocks fell for a third day as investors continued to shun the region on concern the sovereign debt crisis will harm economic growth.

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