When David Sands told The Herald nine months ago that Scotland's last major independent grocery chain was not for sale, he may have reckoned without the lure of a buyer whose time seems to have come.
The Co-operative Group, which last week swallowed the 28 David Sands convenience stores, has reinvented itself as the ethical capitalist with corporate ambitions, and after digesting the Somerfield supermarket chain and the Britannia building society, it is now poised to grab 632 bank branches from Lloyds.
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