CP Group overpaying for Tesco’s Malaysia and Thai operations, analysts say

CP Group overpaying for Tesco’s Malaysia and Thai operations, analysts say

A Tesco store sign is displayed. Photo: Simone Hutsch/unsplash

11 March, 2020

CP Group’s bulge-bracket $10.58-billion deal to acquire Tesco Asia Group’s Malaysian and Thai hypermarket businesses looks pricey, analysts said.

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