Tesco plans £2.5bn pension top-up with Thai and Malaysia sales
Shareholders in line for £5bn windfall if sell off of profitable businesses is approvedTesco is planning to hand out £5bn to shareholders and pump £2.5bn into its pension fund after lining up the sale of its Thai and Malaysian businesses.Thai conglomerate CP Group, which operates thousands of 7-Eleven stores in Thailand and the Siam Makro cash and carry chain, has agreed to buy Tesco Lotus in Thailand, which has a network of nearly 2,000 stores, and Tesco Malaysia, which has 68
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