✉news BusinessBusiness first seen 6 d ago, last 6 d ago, peak #1
Tesco sells Czech and Slovak businesses to Ahold Delhaize for $1.9 billion
Original: Tesco to sell Czech, Slovak businesses to Ahold Delhaize in $1.9 billion deal
Tesco has agreed to sell its Czech and Slovak retail operations to Dutch grocer Ahold Delhaize in a deal worth $1.9 billion. The sale marks a further retreat from central Europe for Britain's biggest retailer as it focuses on its core UK and Irish markets, while Ahold Delhaize expands its footprint in the region.
Why now: It is a major retail acquisition reshaping the supermarket landscape in central Europe.
TescoAhold DelhaizeCzech RepublicSlovakia
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