Tesco considers sale of Asean supermarkets


A Tesco Shopping Centre in Malaysia.

SINGAPORE: Britain’s biggest supermarket chain, Tesco Plc, is considering the sale of its operations in Thailand and Malaysia as it refocuses on its domestic business amid mounting challenges in the core UK market.

The company is carrying out a strategic review of the businesses after receiving what it called inbound interest, according to a statement on Sunday (Dec 8).

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Tesco , Malaysia , Thailand , UK

   

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