Last week us foodservice , an american wholesaler being bought by private-equity groups , cancelled a $ 3.6 billion bond-and-loan deal when lenders balked at the lack of protection they were being offered .
Mr mandelson 's stern words come after tokyo rejected , on national security grounds , a proposal by the children 's investment fund , a uk activist fund , to double its stake in j-power , an electric power wholesaler , to 20 per cent .
Nevertheless , sir terry readily admits that there is no science to management : he got the idea for one of tesco 's most successful innovations-small stores in town centres-from visiting a wholesaler and noticing how much business it was doing selling to small shops .