LONDON, Dec 8 (Reuters) - 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.
It said in a statement that "following inbound interest, it
has commenced a review of the strategic options for its
businesses in Thailand and Malaysia, including an evaluation of
a possible sale of these businesses."
"The evaluation of strategic options is at an early stage,
no decisions concerning the future of Tesco Thailand or Malaysia
have been taken, and there can be no assurance that any
transaction will be concluded. A further announcement will be
made if and when appropriate," it said.
(Reporting by William James; Editing by Edmund Blair)
Tesco (TSCO)