Tesco gets OK for $10.6bn sale of Thailand stores

Thailand’s competition regulator has given the nod for British retail giant Tesco to sell its supermarket businesses to the Charoen Pokphand Group, despite monopoly concerns. The $10.6 billion sale to Thailand’s biggest conglomerate was first flagged in March and also covers Tesco’s operations in Malaysia. “The majority of commissioners agreed that the merger of those […]