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Tesco considers sale of its operation in Thailand and Malaysia

Dec 10. 2019
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By The Nation

Tesco this week confirmed that, following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses

The evaluation of strategic options is at an early stage, no decisions concerning the future of Tesco Thailand or Malaysia have been taken, and there can be no assurance that any transaction will be concluded. A further announcement will be made if and when appropriate, the statement read.

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