desinvestering

British supermarket chain Tesco sells its 20 % stake in Chinese joint venture Gain Land, completing its exit from the Asian country. Thailand and Malaysia are to follow suit.

Contrary to earlier reports, Unilever has now announced it will look into divesting its tea branch - including such brands as Lipton - as the FMCG giant suffered major blows in 2019.

Swiss food group Nestlé is divesting its cold meat brand Herta: 60 % is sold to Spanish Casa Tarradellas, the rest will be placed in a joint venture Nestlé has founded with the with the Spanish company.

British investment company Apax Partners is looking to sell German discounter Takko Fashion, of which it is the main shareholder. After almost nine years at the helm, the British company want to sell their fashion chain at a (slight) profit.

The ailing French distributor Casino wants to reduce its debts and seems to have found an interested party to offload its Géant hypermarkets to. Discounter E.Leclerc has started acquisition talks for three-quarters of the hypermarkets.