Freshfields Bruckhaus Deringer and Reed Smith Richards Butler are advising Tesco and China Resources Enterprise (CRE) as the companies look to launch a joint venture for the operation of retail stores in Greater China. CRE has announced it is mulling a tie up with the UK supermarket chain to create a new entity which would be 80% controlled by CRE and 20% by Tesco.
August 09, 2013 at 04:37 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Reed Smith Richards Butler are advising Tesco and China Resources Enterprise (CRE) as the companies look to launch a joint venture for the operation of retail stores in Greater China.
CRE has announced it is mulling a tie up with the UK supermarket chain to create a new entity which would be 80% controlled by CRE and 20% by Tesco.
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