Category Archives: Korea

3 teams shopping for Tesco’s South Korean business

Source: The Straits Times

Private equity firms have formed three separate teams to bid for Tesco’s South Korean business, Homeplus, valued at about US$6 billion. Homeplus brought in revenues of around 7 trillion won in 2014 and consists of more than 400 stores and 500 franchise stores in South Korea.

Source: ‘3 teams shopping for Tesco’s S. Korean business’, Companies & Markets News & Top Stories – The Straits Times