Tesco starts shopping for investors in Thai property IPO

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ASIAN EQUITY

Tesco starts shopping for investors in Thai property IPO

Issue: Daily News - 8 February 2012

Keywords: Tesco Lotus, Property fund, Thailand

UK supermarket chain and retailer Tesco has started pre-marketing for a $450m IPO of some of its Tesco Lotus properties in Thailand. Tesco owns several shopping centres, or malls, in Thailand and the IPO will sell 17 of them into a fund to be called the Tesco Lotus Property Fund. ..

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