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TOP NEWS: Tesco Set For Special Payout As Completes Disposal In Asia


TOP NEWS: Tesco Set For Special Payout As Completes Disposal In Asia
Fri, 18th Dec 2020 08:57
(Alliance News) - Tesco PLC on Friday said it has completed the sale of its businesses in Thailand and Malaysia to CP Retail Development, as it confirmed its intention to pay a special dividend.
Back in March, the FTSE 100 grocer agreed to sell these to a combination of CP Group entities for USD10.6 billion on a cash and debt free basis. At the time, it said it expected to secure USD10.3 billion upon completion of the transaction, returning GBP5.0 billion of this to shareholders via a special dividend. ....

City Of , United Kingdom , Cp Group , Cp Retail Development , Alliance News , Cp Retail Development Co Ltd , Thailand Cp Group , Cp Merchandising Co Ltd , Cp All Public Ltd Co , Charoen Pokphand Holding Co Ltd , Development Co Ltd , Ife Taiwo , All Rights , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , சிப் குழு , சிப் சில்லறை வளர்ச்சி , கூட்டணி செய்தி , சிப் சில்லறை வளர்ச்சி இணை லிமிடெட் , தாய்லாந்து சிப் குழு , சிப் வணிகமயமாக்கல் இணை லிமிடெட் , சிப் அனைத்தும் பொது லிமிடெட் இணை , வளர்ச்சி இணை லிமிடெட் , அனைத்தும் உரிமைகள் ,

UK TOP NEWS SUMMARY: UK-EU Brexit Talks At


UK TOP NEWS SUMMARY: UK-EU Brexit Talks At Moment Of Truth - Barnier
Fri, 18th Dec 2020 11:10
(Alliance News) - The following is a summary of top news stories Friday.
COMPANIES
Tesco said it has completed the sale of its businesses in Thailand and Malaysia to CP Retail Development, as it confirmed its intention to pay a special dividend. Back in March, the FTSE 100 grocer agreed to sell these to a combination of CP Group entities for USD10.6 billion on a cash and debt free basis. At the time, it said it expected to secure USD10.3 billion upon completion of the transaction, returning GBP5.0 billion of this to shareholders via a special dividend. Thailand s CP Group entities comprise of CP Retail Development Co, Charoen Pokphand Holding Co, CP All Public Ltd Co and CP Merchandising Co. On Friday, it announced the completion of the sale , noting the special dividend is expected to be paid on February 26, assuming approval at a general meeting expected to be held on ....

United Kingdom , City Of , Michel Barnier , Moderna Covid , Arnold Monto , Frankie Benny , David Frost , Boris Johnson , Cp Group , Bt Group , Cp Retail Development , Alliance News , Cp Merchandising Co , Cp Retail Development Co , Pfizer Inc , Dow Jones , Food Drug Administration , European Parliament , European Commission , Charoen Pokphand Holding Co , Ifo Institute , Restaurant Group , Thailand Cp Group , Cp All Public Ltd Co , Office For National Statistics , Kingdom Finance ,