
Tesco considering sale of European business – report
Tesco’s European arm saw sales grow by 0.8% to £1.14 billion in the quarter to the end of May.
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Summary
Tesco launched its central and eastern European operation in Hungary in 1995 as part of a global expansion effort. However, the business has since drawn back from its international operations, most recently selling its business in Thailand and Malaysia for around £8 billion in 2020.
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Tesco launched its central and eastern European operation in Hungary in 1995 as part of a global expansion effort.
according to The IndependentHowever, the business has since drawn back from its international operations, most recently selling its business in Thailand and Malaysia for around £8 billion in 2020.
according to The Independent
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