FACTBOX-Key facts about Tesco

Wed May 14, 2008 6:31pm BST
 
Email | Print | | Single Page
[-] Text [+]

(Reuters) - Tesco (TSCO.L: Quote, Profile, Research) said on Wednesday it would buy 36 discount stores from South Korea's E-Land for $1.9 billion (977 million pounds), its biggest single acquisition.

The deal is seen as a strategic buy as Tesco seeks to expand in fast-growing international markets.

Here are some key facts about the company:

BASIC FACTS:

* Market capitalisation - $66,294.04 million

* Global workforce - 440,000 employees.

* Number of stores - Tesco has 3,729 stores globally, in Britain, the Czech Republic, Hungary, Poland, Ireland, Slovakia, Turkey, China, Japan, Malaysia, South Korea, Taiwan and Thailand.

-- There are 2,115 stores in Britain, 747 stores in Europe

and 814 stores in Asia.  Continued...

 
Currency
US $ inGBP =0.5800
Euro inGBP =0.7776
¥en inGBP =0.0058

Most Popular on Reuters UK

  • Articles
  • Videos
  • Recommended