Tesco puts South Korean business Homeplus up for sale
9 June 2015
Tesco has invited six firms to bid for its South Korean business Homeplus, which has been valued at $6bn (£4bn), media reports say.
Private equity firms KKR & Co, Carlyle Group and CVC Capital Partners are among the firms Tesco has approached, according to Reuters.
The sale is seen as a way of funding Tesco's turnaround plan after last year's accounting scandal.
It is also seen as the best way to cut debt and reverse losses at home.
The sale could be Asia's biggest private equity deal, according to Reuters. It would also be the region's second-largest consumer retail deal ever.
Homeplus refused to comment to its possible sale. Neither were any of the private equity firms believed to have been approached by Tesco willing to comment.
Homeplus is Tesco's largest business outside the UK, with annual revenue of 7.05 trillion won (£4.1bn) in 2014.
It has more than 400 stores, 500 franchise stores and more than six million customers a week.
But the business operates in a mature and competitive market and has been under some pressure, recording at least two straight years of declines in same-store sales.
The sale comes 10 months after Tesco overstated its half-year profits by £263m, while at the same time issuing a profit warning that sent shares plunging to an 11 year low.
That led to an inquiry into accounting practices at the retail giant, which found discovered more accounting irregularities and led to the suspension of several senior executives.
http://www.bbc.com/news/business-33062206
Sir John Edward Cohen (6 October 1898 – 24 March 1979), born Jacob Edward Kohen and commonly known as Jack Cohen, was an English grocer who founded the Tesco supermarket chain.
Cohen was born in the city of London and grew up in Whitechapel.[1][2] His family was Jewish: his father, Avroam Kohen, was a Polish immigrant (from Łódź, City in central part of Poland) who worked as a tailor, and his mother was Sime Zamremba.[1] He was named Jacob Edward Kohen, but was known as Jack from an early age. [1] He was educated at the London County Council elementary school on Rutland Street until he was aged 14 and then began his working life as an apprentice tailor to his father.[1] His mother died in 1915 and his father remarried. He became estranged from his father after an argument about his career choice as a grocer. [1]
In 1917, he volunteered to join the Royal Flying Corps where he used his tailoring skills as a canvas maker for balloons and other aircraft.[1] He served in France, and also in Egypt and Palestine.[1] He was on board a ship that was sunk by a mine outside Alexandria in 1917.[1] He returned to England after contracting malaria, and was demobilised in 1919.[1]
He married Sarah (Cissie) Fox, daughter of an immigrant Russian-Jewish tailor, in 1924. [1] Cissie was a great supporter of her husband's business interests, so much so that the money they received as wedding gifts was invested in a wholesale venture.[3] They had two daughters, Sybil Irene born 1926 and Shirley born 1930.[1] Irene married Hyman Kreitman (1926–2005) and Shirley married Leslie Porter (1920–2005).[1]
He continued to work after a colostomy operation in 1958, even after standing down as chairman of Tesco in 1969.[1] He died in London.[1]
、、、(爆wwwwwwwwwwwww
2 件のコメント:
テスコってずっと前に日本撤退したけど
つるかめランドやってたとこ買収したあのテスコw?
今思うと「つるかめ」って名前www
じゃ、ちょっとは買物楽になるかなw←全般探すの大変でねぇ。。
UK製品も増やしてくれたら それが例えいおんでも行くかもしれんw
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