Tesco completes stake buy in Trent’s arm

04 Jun 2014 Evaluate

UK-based Tesco has completed purchase of part of the equity shares held by Trent in its wholly-owned subsidiary Trent Hypermarkets (THL) and subscribed for additional THL’s equity shares. Consequently, Trent and Tesco will each hold a 50% stake in THL.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.

Trent Share Price

7142.80 -110.10 (-1.52%)
31-Oct-2024 16:01 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3928.00
Aditya Birla Fashion 308.95
Trent 7142.80
Electronics Mart Ind 191.55
Future Retail 2.41
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