UPDATE 1-Tesco completes China exit with joint venture stake sale
Britain’s biggest retailer Tesco
has completed its exit from China with the sale of a
20% stake in a joint venture to a unit of its state-run partner
China Resources Holdings (CRH), raising 275 million pounds ($357
million).
has completed its exit from China with the sale of a
20% stake in a joint venture to a unit of its state-run partner
China Resources Holdings (CRH), raising 275 million pounds ($357
million).
Posted by Reuters