https://www.reuters.com/article/us-tesco-m-a-thailand-idUSKCN20L0WB

21 0

SINGAPORE (Reuters) - British retailer Tesco ( TSCO.L ) has asked bidders to submit binding offers for its Asian business by Friday, in a deal that will see Thai billionaires fight for an asset valued at up to $9 billion, sources with direct knowledge of the matter said. FILE PHOTO: FILE PHOTO: A company logo is pictured outside a Tesco supermarket in Altrincham northern England, April 16, 2016. REUTERS/Phil Noble/File Photo. The bidding is shaping up as a battle between Dhanin Chearavanont’s Charoen Pokphand (CP) Group, Central Group, controlled by the Chirathivat family, and beer-and-property magnate Charoen Sirivadhanabhakdi’s TCC Group, they said. Tesco’s Asian operations comprise so... Full story

27 February

wait