Struggling Tesco exits South Korea

ReutersNewsPublished: September 7, 2015131 views
Published: September 7, 2015

Britain'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.

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