Tesco Looks East
Tesco is among retailers that will examine a bid for Carrefour’s stores in Malaysia, Singapore and Thailand.
The French retailer is trying to focus on markets where it has a bigger presence. Tesco is interested in acquiring the stores but is believed to be reluctant to get drawn into a bidding war.
Casino Group, the French retailer that is strong in Latin America, has hired Deutsche Bank for a possible bid.
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