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

6459.45 42.65 (0.66%)
21-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3619.60
Aditya Birla Fashion 284.45
Trent 6459.45
Electronics Mart Ind 159.50
Future Retail 2.41
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