Home Business News Tesco to sell Thai and Malaysian businesses

Tesco to sell Thai and Malaysian businesses

by LLB Editor
9th Mar 20 8:08 am

Charoen Pokphand, or CP Group will purchase Tesco’s businesses in Malaysia and Thailand.

The board of the family owned food, manufacturing and real estate conglomerate in Southeast Asia approved the $10.6bn deal.

The Thailand portion of the deal is subject to anti-trust approvals from Thai regulators.

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