Davis Polk and Latham & Watkins have taken the lead roles on Tesco's sale of its US Fresh & Easy chain to investment firm Yucaipa. The supermarket giant has been looking to offload the loss-making business for some while, with the deal seeing Tesco loan the new business around £80m.
September 12, 2013 at 06:57 AM
1 minute read
The original version of this story was published on Legalweek
Davis Polk and Latham & Watkins have taken the lead roles on Tesco’s sale of its US Fresh & Easy chain to investment firm Yucaipa.
The supermarket giant has been looking to offload the loss-making business for some while, with the deal seeing Tesco loan the new business around £80m.
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