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Thailand's PTT says company and retail Unit PTTOR not interested in bidding for Tesco's Asian assets
Tesco Corporate Treasury Services Announces Tender Offer For EUR 500 Million Notes
Tesco Corporate Treasury Services Announces Tender Offer For Its EUR 500 Mln 2.125% Notes Due 2020
Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. The Company's segments include UK & ROI, which includes the United Kingdom and Republic of Ireland; International, which includes Czech Republic, Hungary, Poland, Slovakia, Malaysia and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom. The Company's businesses include Tesco UK, Tesco in India, Tesco Malaysia, Tesco Lotus, Tesco Czech Republic, Tesco Hungary, Tesco Ireland, Tesco Poland, Tesco Slovakia, Tesco in China, Tesco Bank and dunnhumby. The Company's brands include Finest, Exclusively at Tesco, F&F and Fox & Ivy. Finest and Exclusively at Tesco are the two food brands in the United Kingdom. The Company offers a range of personal banking products and services that include credit card receivables, personal current accounts and personal loans.
Cirrus a, Shire Park, Kestrel Way
John Murray Allan
Non-Executive Chairman of the Board
Group Chief Executive Officer, Executive Director
Alan J. H. Stewart
Chief Financial Officer, Executive Director
Chief Executive Officer - Asia
Chief Executive - Tesco Bank
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A smooth sale of a Tesco unit will signal it’s mostly back to business as usual for Goldman Sachs. The U.S. bank is advising the British grocer on a potential $9 billion exit from Southeast Asia. Up to one fifth of the operations by value sit in Malaysia. That means the...
Tesco <TSCO.L>, Britain's biggest supermarket group, rode out a "subdued" Christmas to lift UK sales by 0.1%, enough to beat its main rivals amid the toughest high street conditions in years.
Tesco, Britain's biggest retailer, eeked out a 0.1% rise in UK like-for-like sales during what it said was a "subdued" Christmas for consumer spending.
Thailand's state-owned energy firm PTT Pcl <PTT.BK> said on Thursday that neither it, nor its retail unit were interested in bidding for Tesco Plc's <TSCO.L> assets in Asia.
The retail unit of Thailand's biggest energy company PTT plans to bid for Tesco Plc's Asia businesses, competing with other Thai corporate heavyweights for the operations worth up to $9 billion, people familiar with the situation said.
British retailer Marks & Spencer <MKS.L> on Friday named former Tesco <TSCO.L> executive David Surdeau as its interim chief financial officer, temporarily filling a void left by the departure of Humphrey Singer.
Allegations that a Chinese printing firm which supplies British supermarket giant Tesco <TSCO.L> uses the forced labour of foreign prisoners are "completely fabricated", Chinese state television on Tuesday cited the factory's manager as saying.
Allegations that a Chinese printing firm which supplies British supermarket giant Tesco uses forced foreigner prison labour are "completely fabricated", Chinese state television on Tuesday cited the factory's manger as saying.
Australian clothing retailer Cotton On Group on Tuesday said it is investigating a Chinese supplier after British supermarket operator Tesco PLC suspended ties with the same supplier due to fears of the use of forced prison labor.
Australian clothing retailer Cotton On Group is investigating its relationship with a Chinese printing firm suspected of using forced prison labour and which was recently suspended as a supplier by Tesco, ABC News reported.
(This Dec 22 story corrects part of factory's name to Zhejiang from Zheijiang in paragraph 8.)
Britain's biggest retailer, Tesco <TSCO.L>, has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations.
Shares in Tesco <TSCO.L> rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion.
London's blue-chip stocks retreated on Monday as oil majors and Asia-exposed financials fell after disappointing exports data from China stoked growth worries, while midcaps were weighed down by a 50% slump in Tullow Oil.
Shares in Tesco jumped as much as 4.6% in early trading Monday after Britain's biggest retailer said it was reviewing its remaining Asian businesses, in Thailand and Malaysia, including examining a possible sale.
Tesco is heading to the checkout lane in southeast Asia at the right time. Britain's biggest grocer says it is considering a sale of its businesses in Thailand and Malaysia. Thai peer Central Retail's rich 2020 listing, plus interest from local heavyweights like CP Group...
Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.
British retailer Marks & Spencer <MKS.L> has appointed the chief executive of rival Tesco's <TSCO.L> F&F Clothing division to be the boss of its struggling clothing and home business, it said on Friday.
Britain's Marks & Spencer said on Friday it had appointed the chief executive of rival supermarket Tesco's F&F clothing division to the role of managing director at its clothing and home division.
Britain's biggest retailer Tesco <TSCO.L> has pledged to remove one billion pieces of plastic packaging from products in its UK stores by the end of 2020, seeking to reduce its environmental impact and meet growing consumer demand for less waste.
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