Aeon interested in buying Tesco’s Malaysia unit


Sime Darby owns 30% of Tesco's Malaysian arm.

KUALA LUMPUR: Japan’s Aeon Co Ltd is interested in buying the Malaysian operations of Britain’s Tesco PLC, valued at about £900mil (RM5.3bil), people familiar with the matter told Reuters.


Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

When bad air becomes bad economics
Elevated yields to stay
Matcha made in the moment
The higher order of leadership
The era of rising borrowing costs
Banks in the money
Bond managers play it safe
Greenback bounces back
The easy wins are over
Porsche no longer the crown jewel

Others Also Read