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Tesco U.S. exit could cost $382 million in cash
date:Apr 10, 2013
Executive Officer Philip Clarke is reviewing all options for the U.S. stores and has said he will report on the progress at the companys results on April 17.

While Aldi is seen as one of the potential buyers, a closure of Fresh Easy and then a piece-by-piece sale of the assets remains the most likely outcome, the Telegraph reported today, without saying where it got the information.

Under Clarke, Tesco also paid 40 million pounds last year to offload a 50 percent stake in its Japanese unit,

12/23 12:13