CP Foods and Tesco Lotus

Roger · 1 · 4570

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Online Roger

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Apparently the Thai 'Authority' concerned has approved CP Foods takeover of Tesco Lotus, giving CP Foods a dominant position as they already have 7/11 and Makro under their ownership.

Tesco has 2000 outlets, 7/11 12,000 and Makro many 'wholesale' stores distributing to wider market sellers.

A good article in the BKK Post today but I can't find it online.

''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein