Trademagazin > News and articles > Market News > CP Group acquires Tesco stores in Thailand and Malaysia
CP Group acquires Tesco stores in Thailand and Malaysia
Tesco sells its Thai and Malaysian businesses to CP Group, a Bangkok-based food, retail and agri conglomerate. The transaction’s value is USD 10.6 billion. Tesco has said that the completion of the deal is expected to be realised during the second half of 2020.
Related news
Albert Heijn discloses methane emissions in “world first” move
The grocery chain revealed its methane emissions accounted for approximately…
Read more >Retail kept its position in terms of employer attractiveness
Honouring Hungary’s most attractive employers, the Randstad Awards have been…
Read more >Hungarian agri-informatics company conquers Malaysia
A prominent greenfield agricultural investment has been launched in Malaysia,…
Read more >
More related news >
Related news
The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >Beer producers are hoping for a hot August
After nearly three percent growth last year, domestic beer consumption…
Read more >Gergely Gulyás: the government is expanding the support program for small-town grocery stores
The government is expanding the grocery store support program launched…
Read more >