Tesco expands South Korean presence with £1bn acquisition
LONDON - Tesco has bought 36 discount stores from South Korea's E-Land for $1.9bn (£977m), marking its biggest single acquisition and a break with its decade-long pursuit of overseas organic growth.
Tesco: acquires E-Land stores in South Korea
Tags
- England |
- Northern Ireland |
- E-Mart |
- E-Land |
- Retail/Wholesale |
- Other Asia-Pacific |
- Korea |
- Asia Pacific |
- United Kingdom |
- Scotland |
- Europe |
- Wales |
- Tesco |
- Branding |
- Advertising
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