Tag: Tesco
Consumer Group Reports Tesco To UK Regulator Over ‘Misleading’ Clubcard Prices
Consumer watchdog Which? has reported Tesco to the Competition and Markets Authority (CMA) for allegedly not providing sufficient pricing information on its loyalty card...
Thai Group Gets Antitrust OK For $11B Tesco Buy
Charoen Pokphand Group won the Thai antitrust agency’s approval for its $10.6 billion acquisition of British retailer Tesco Plc’s local retail business with some...
Tesco sells its Asian stores in $10B deal
UK retail giant Tesco has agreed to sell its operations in Thailand and Malaysia for US$10.6 billion, reported the Financial Times.
The supermarket chain has...
Tesco To Consider Thai Bids For Asian Assets
British retailer Tesco is set to assess bids by Thai billionaires for its Asian business on Sunday, a potential deal which could be worth...
Thai Tycoons Battle For Tesco’s $9B Asia Assets
British retailer Tesco (TSCO.L) has asked bidders to submit binding offers for its Asian business by Friday, in a deal that will see...
Thailand: Tesco deal faces close regulatory scrutiny
Tesco’s planned sale of its Thai operations will be subject to close scrutiny, Thailand’s competition regulator has warned, adding that he is prepared to...
UK: Tesco completes US$5.51b takeover of Booker
Tesco, Britain's biggest retailer, has completed the £4 billion (US$5.51 billion) takeover of Booker, the country's largest wholesaler, the companies said on Monday, March...
UK: Shareholders back £3.7b Tesco and Booker merger
This week, shareholders decided to back Tesco's takeover of Booker, Britain's largest wholesaler. Investors in both companies met on Wednesday, February 28, to have their...
UK: Shareholders split on Tesco-Booker tie-up ahead of vote
Shareholders will vote on Tesco’s US$4billion acquisition of wholesale giant Booker this week as chief executive Dave Lewis hopes to seal the deal to...
UK: Tesco’s $3.7bn Booker purchase given provisional go-ahead
Tesco’s £3.7 billion (US$4.9 billion) takeover of wholesale group Booker has been given the provisional green light after the UK’s competition watchdog said it...