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
Tesco is introducing a new type of point-of-sale advertising tool in Hungary
On June 21, at the first Tesco Media Supplier Forum…
Read more >Retail trade and FMCG have become more attractive to workers
On 25 April Randstad Magyarország published the list of Hungary’s…
Read more >Haleon to sell nicotine replacement therapy business outside US for $633 mln
Haleon will sell its nicotine replacement therapy business outside the…
Read more >
More related news >
Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >