China Resources Holdings news and trends

Tesco To Refocus Business After $357M China Sale

February 25, 2020
Tesco
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Tesco To Refocus Business After $357M China Sale

February 25, 2020
With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China. The U.K. grocer had created the Gain Land venture with CRH in 2014, bringing together the 131 locations of the U.K. group in China with nearly 3,000 more of its […]