25th Aug 2015 05:45
LONDON (Alliance News) - Tesco PLC has received three separate binding offers for its South Korean arm valuing the business around USD5.9 billion, Reuters reports, citing people familiar with the matter.
The bids have ben made by a consortium of Affinity Equity Partners and KKR & Co, Carlyle Group LP and MBK Partners, all private equity houses.
http://uk.reuters.com/article/2015/08/25/uk-southkorea-tesco-bids-idUKKCN0QU06820150825
By Sam Unsted; [email protected]; @SamUAtAlliance
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