May 2, 2018 / 8:22 AM / 5 months ago

REFILE-BUZZ-Ocado Group: Shares soar on deal with Swedish grocer ICA

(Refiles to add Reuters Instrument Code for Ocado)

** British online grocer and technology company’s shares up 5.4 pct

** Company signs a partnership deal with Swedish grocery retailer ICA Group to develop its online business

** Potential deals with overseas grocers seen as key influence on Ocado’s stock market valuation. It has already bagged deals with France’s Casino and Canada’s Sobeys

** Stock has risen nearly 120 pct in the last twelve months (Reporting by Sangameswaran S in Bengaluru)

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