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Tesco to sell off its S Korean unit Homeplus
Published Tue, Jun 9, 2015 · 09:50 PM
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Seoul
BRITISH retailer Tesco plc has invited at least six firms including KKR & Co and Carlyle Group to bid for its South Korean unit Homeplus, valued at about US$6 billion, sources said.
A sale is seen as Tesco's best bet to cut debt and fund a turnaround plan as it battl…
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