Struggling Tesco exits South Korea

ReutersNews Published September 7, 2015 38 Plays

Rumble / Trending NewsBritain's Tesco has agreed to sell its South Korean business to a group led by private equity firm MBK Partners for $6.1 billion. As Sara Hemrajani reports, it's the retail giant's first major disposal since it hit financial difficulties and decided to focus on its troubled domestic business.