Tesco sells its interest in Poland
According to an announcement on the London Stock Exchange, Tesco will sell its 301 stores in Poland to the Danish-based retail network Salling Group A / S, already present in Poland, together with the distribution centers associated with the interest and the local board office.
The company expects the net proceeds from the cash transaction to be 165 million pounds (64 billion HUF). (MTI)
Related news
Five microtrends rewriting green claim strategies
As sustainability communication is maturing, vague, formulaic green claims are…
Read more >Tesco’s food rescue heroes reduced the company’s food waste by 73%
In its recently published ninth food waste report, Tesco reports…
Read more >Retail sales growth accelerated in Poland in July
Poland’s retail sales growth accelerated more than expected in July…
Read more >Related news
The economic sentiment index deteriorated in the EU and the euro area in August, but improved in Hungary
The economic sentiment index in the euro area and the…
Read more >GVH: at least 70 out of every 100 forints spent goes to multinationals
Multinational retail chains dominate the Hungarian FMCG market with a…
Read more >Joint strength: Arnold Schwarzenegger and Ralf Moeller star together in the new PARKSIDE campaign
Hollywood meets DIY: in the new campaign of the PARKSIDE…
Read more >