Tesco Sets Bid Deadline for $9 Billion Asian Business Sale -Reuters
February 27 2020 - 9:40AM
Dow Jones News
--Tesco PLC has set the deadline as Friday for submitting bids
for its Asian business, Reuters reports citing unnamed sources.
--Major players in the bidding are Central Group Companies, TCC
Group and Charoen Pokphand Group, according to Reuters.
--The U.K.'s largest grocer by market share is selling some
2,000 supermarkets and 74 stores in Thailand and Malaysia, valued
at around $9 billion according to Reuters.
Full story: https://reut.rs/383vmwE
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
February 27, 2020 09:25 ET (14:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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