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02.09 11:01:00

Tesco joins bid for Carrefour's Asian stores - Asia/Middle East

UK retail giant Tesco is among more than 10 bidders for Carrefour's assets in South East Asia, which includes Malaysia, Singapore and Thailand, according to press reports.

 
Singapore-based retail group Dairy Farm and French retailer Casino are also in the bidding, but Wal-Mart has not entered the bid..
 
Carrefour said it made a net profit of 82 million euros (104 million dollars) in the first half, after a loss in the same period of 2009.

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