Tesco to sell its Thailand and Malaysia businesses for £8.2bn

Published: 9-Mar-2020
Finance Retail

The consumer goods giant will sell its businesses to a combination of CP Group entities in a move it says will provide significant return to shareholders

You need to be a subscriber to read this article.
Click here to find out more.

Tesco has announced the sale of its businesses in Thailand and Malaysia for £8.2bn.

The deal, due to close in the

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Tesco
See more

You may also like

Regulatory

Beauty retail CEOs urge business rates reform to drive growth

Read more
Leading UK retailers call for equitable business rates to revitalise high streets and boost investment

Trending Articles

  1. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands
  2. Pierre Fabre Laboratories invests in skin care and supplements brand MiYé The pharmaceutical group will elevate the French start-up’s business by accelerating its R&D, brand presence and more
  3. Packaging firms Berry Global and Amcor to merge The combined company is expected to reach US$650 million in annual earnings
  4. L’Oréal launches fund to support supplier decarbonisation The beauty giant has joined forces with Chenavari Investment Managers on the fund, called Solstice
  5. The Body Shop appoints CMO and CFO to drive growth post-acquisition Penny Brook and Sally Dowling have joined the British beauty retailer’s executive leadership team, with the aim to bring the company back to its former glory

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

Regulatory

Beauty retail CEOs urge business rates reform to drive growth

Leading UK retailers call for equitable business rates to revitalise high streets and boost investment
You need to be a subscriber to read this article.
Click here to find out more.
Retail

UK supermarkets are quietly transforming into credible beauty destinations

Aldi, M&S, Sainsbury’s and Tesco have revamped their beauty offering in a bid to be seen as serious beauty retailers, but is it working? Cosmetics Business investigates
Sustainability

Tesco rolls out biggest ever in-store refillable scheme with Loop, beauty brands take advantage

New service hits 10 UK stores today – and these are the beauty brands signing up
Retail

UK lockdown boosted Brits’ supermarket spend in March

All personal care categories save cosmetics saw a sales uptick due to consumer stockpiling
You need to be a subscriber to read this article.
Click here to find out more.
Retail

Coronavirus: Which beauty retailers are staying open?

As the world reacts to the global coronavirus pandemic, Cosmetics Business finds out which beauty brands are keeping their doors open to customers
Finance

Tesco and Carrefour enter new alliance that will enable 'lower prices'

The retailers have announced plans to enter into a long term strategic alliance after two years of talks
You need to be a subscriber to read this article.
Click here to find out more.
Regulatory

The gender pay gap: How do beauty brands compare?

Cosmetics Business investigates the data submitted by the industry's largest companies and discovers beauty's next steps
Subscribe now