Tesco has agreed to sell its operations in Thailand and Malaysia for ($10.6bn) £8bn
 

https://ichef.bbci.co.uk/news/660/cp...tescolotus.jpg

[The supermarket chain has
2,000 stores across both countries,
under the Tesco Lotus brand,
and is selling them to Thai
conglomerate CP Group.
Chief executive Dave Lewis said
the sale would allow Tesco
"to further simplify and focus" its business.
He also said £5bn of the proceeds
would be returned to shareholders
via a special dividend.
Tesco revealed in December
it had received interest for
its Asian stores, which employ
about 60,000 people,
but did not reveal the bidders.]

https://www.bbc.co.uk/news/business-51796815


Sign Of The Times.