British retailer Tesco boosts Chinese joint-venture stake

Article Abstract:

Tesco PLC of the United Kingdom has acquired Ting Hsin Holding Corp. of China, increasing its 50 percent stake to 90 percent. The deal is valued at 180 million Pounds ($352 million). The British supermarket chain has plans to grow international markets.

China, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Company overview, Financial report

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U.K.'s Tesco plans limited push into U.S. market

Article Abstract:

Tesco PLC of the United Kingdom is planning a push into the United States market in 2007. Britain's largest and the world's fifth largest retailer is to open convenience stores on the West Coast, rivaling Wal-Mart Stores Inc.

United States, Facilities & equipment, Market share, Buildings and facilities, Company Profile, Company market share

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Tesco will buy 50% stake in chain of Chinese stores

Article Abstract:

Tesco PLC partners with Ting Hsin International Group's Ting Cao unit to launch operations in China.

Taiwan, Japan, Sales, profits & dividends, Joint ventures, Financial management, FOOD AND KINDRED PRODUCTS, Thailand, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Food industry, Company investment, Investments, Company sales and earnings, Company earnings/profit, Company joint venture, Food and beverage production/distribution software, Subsidiaries, divisions and units, Ting Hsin International Group

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