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Tesco U.S. exit could cost $382 million in cash
date:Apr 10, 2013
after deciding to refocus on its domestic business.

Tescos market share at home has been squeezed by discounters like Aldi and more upmarket supermarkets like Waitrose and J Sainsbury Plc. (SBRY)
Spokespeople at Tesco werent immediately available to comment. Tesco shares rose as much as 4.05 pence, or 1.1 percent, to 373.10 pence as of 11:06 a.m. in London trading. The stock is up 11 percent this year, giving the company a market value of 30 billion pounds.

U.S. Investment

Tesco has invested

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