TCC Group said to fund bid for Tesco's Asian assets with $10b loan

TCC Group said to fund bid for Tesco's Asian assets with $10b loan

A Tesco store sign is displayed. Photo: Simone Hutsch/unsplash

Tycoon Charoen Sirivadhanabhakdi’s TCC Group will fund its bid for Tesco Plc’s Asian business with a $10 billion two-year loan, according to sources familiar with the matter.

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