Tesco would sell its South Korean business branch
Tesco may sell its South Korean activities for six to seven million USD – portfolio.hu wrote after MarketWatch.
Retailer Tesco PLC has picked Asian private-equity firm MBK Partners LP as the preferred bidder to buy its South Korea retail operations–its largest outside the U.K.–in a deal that could be worth between $6 billion and $7 billion, according to people familiar with the situation.
The deal would be among the largest transactions in Asia this year and the largest private equity deal ever in South Korea. (portfolio.hu)
Related news
The prices of hundreds of other products fell permanently at Tesco
Tesco has announced permanent price reductions for new cosmetic products.…
Read more >Tesco kicks off the school season with popular football school supplies with Fradi
Despite the summer heat, the bells will soon be ringing…
Read more >Tesco ended the business year with a significant loss
Tesco ended its 2023 business year with a significant HUF…
Read more >Related news
Henkel delivers good organic sales growth and very strong earnings improvement in first half of 2024
In the first half of 2024, Henkel recorded good organic…
Read more >PENNY stores only close on August 20th
You can conveniently do your shopping even on the holiday…
Read more >Resolution regarding the GVH procedure initiated against Szentkirályi Hungary
Yesterday, the Economic Competition Authority (GVH) announced in a press…
Read more >