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

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) as it continues...

By Deirdre Hipwell · Bloomberg Markets

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) as it continues to focus on its core UK business.