Tesco said earlier this year it had agreed to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of US$10.6 billion. 9File pic shows a Tesco store in Malaysia.)Tesco store Malaysia
BANGKOK: Thailand's antitrust regulator said on Friday it had approved CP Group's deal to buy Tesco PLC's retail stores in the country.
The merger was not considered a monopoly, the Office of Trade Competition Commission (OTCC) said, without giving further details.
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