Tesco Strikes Deal to Sell Czech, Slovakia Unit for €1.7 Billion

Tesco agreed to sell its supermarket operations in the Czech Republic and Slovakia to Ahold Delhaize for an enterprise value of €1.7 billion. The transaction is part of Tesco's strategy to concentrate on its UK business. No completion date was provided in the announcement.

• Bloomberg — Tesco Strikes Deal to Sell Czech, Slovakia Unit for €1.7 Billion

Next story