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15th March 2021 The sale of Tescoâs business in Poland to Denmarkâs Salling Group, which was agreed on last June, has secured approval from the local competition authority. Citing ongoing âmarket challengesâ, Tesco said at the time that the deal worth £181m would allow it to focus on its other operations in central Europe (the Czech Republic, Hungary and Slovakia), which had better growth prospects and contributed more to the business. The sale to the Salling Group includes 300 stores together with distribution centres and a head office. The deal does not require shareholder approval with Tesco now expecting completion before the end of this month. ....
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Tesco PLC (LSE:TSCO) | RNS | Tesco PLC proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Tesco gets approval to sell business in Poland to Salling | 12 March 2021 stockmarketwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmarketwire.com Daily Mail and Mail on Sunday newspapers.