Tesco Strikes €1.7 Billion Deal to Sell Czech, Slovakia Unit
Tesco Plc agreed to sell its supermarket division in the Czech Republic and Slovakia to Ahold Delhaize for an enterprise value of €1.7 billion (£1.5 billion), marking the end of a once ambitious plan to become a global grocery giant.
<p>Tesco Plc agreed to sell its supermarket division in the Czech Republic and Slovakia to Ahold Delhaize for an enterprise value of €1.7 billion (£1.5 billion), marking the end of a once ambitious plan to become a global grocery giant.</p>