Tesco weighs up sale of Thai and Malaysian stores

Analysts say the chain would need high price to offload ‘jewel in its crown’

Tesco Thailand
A Tesco Lotus store in Bangkok
(Image credit: (Pornchai Kittiwongsakul/AFP via Getty Images))

Tesco is considering selling its Thai and Malaysian stores after a recent approach by an unnamed buyer.

A sale would be highly significant because Tesco operates 1,967 stores in Thailand, and another 74 in Malaysia, employing more than 60,000 people.

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