Can Walmart come instead of Tesco?

According to Hospodarske noviny, Tesco will call for international tenders for its whole Central European network in a month, so not only in Slovakia, but in the Czech Republic, Hungary and Poland as well, ujszo.com wrote.

According to the newspaper, Walmart is among the potential purchasers, but the French Groupe Casino and the Japanese Aeon company still come into play. Nap.hu contacted the Hungarian Tesco, but they did not comment the news.

Otherwise, the company announced the sale of its South Korean chain in the London Stock Exchange on Monday. Tesco, according to the Monday’s announcement, sells the South Korean network the investment company for just over 4 billion pounds.

Tesco closed the last financial year with the worst result of its history:  the company had GBP 6.38 billion pounds (HUF 2800 billion) loss before tax.

based on the article of index.hu
translated by BA

Photo: lajk.hu

Source: http://index.hu