Tesco's Thai IPO

Tesco’s Thai property fund in pre-marketing for IPO

The UK retailer’s Thai unit aims to raise about $450 million from the offering of a property fund, which will be the country’s biggest IPO in nearly six years.
<div style="text-align: left;"> One of Tesco's 88 Thai hypermarkets </div>
<div style="text-align: left;"> One of Tesco's 88 Thai hypermarkets </div>
February 08, 2012

Pre-marketing is underway for an initial public offering of the Tesco Lotus Property Fund, which aims to raise about Bt14 billion ($450 million).

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