19th Jan 2005 09:14
Tesco PLC19 January 2005 TESCO PLC Samsung Tesco Homeplus to acquire twelve Aram Mart stores in South Korea Samsung Tesco Homeplus today announced it will acquire twelve stores from AramMart Ltd. which operates in and around Pusan, South West Korea. The terms ofthis asset deal mean that Samsung Tesco will acquire three compact hypermarketsand nine supermarkets and will employ those store staff who wish to remain withthe company. -ENDS- Investor Relations: Steve Webb +44 (0)1992 644800Press: Harjeet Drubra +44 (0)1992 646353 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tesco