Thailand's PTT retail unit said to bid for Tesco's Asia business

Thailand's PTT retail unit said to bid for Tesco's Asia business

Signage is seen at a Tesco supermarket in central London, December 9, 2014. REUTERS/Toby Melville

The retail unit of Thailand’s biggest energy company PTT plans to bid for Tesco Plc’s Asia businesses, competing with other Thai corporate heavyweights for the operations worth up to $9 billion, people familiar with the situation said.

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