Tesco sells Thailand & Malaysia divisions for £8.2bn

// Tesco Thailand & Tesco Malaysia to be sold off for £8.2 billion
// The sale was agreed with CP Group, Thailand’s biggest conglomerate presided over by Dhanin Chearavanont
// The exit from Thailand and Malaysia follows Tesco’s exit from ChinaTesco has agreed a deal to sell its supermarket arms in Thailand and Malaysia, in a move worth around £8.2 billion.
The Big 4 grocer said the deal would see it receive around £8 billion in cash proceeds, of which £5