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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.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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