TESCO MOVES INTO FAR EAST WITH PURCHASE

LONDON -- Tesco plc, Cheshunt, England, has taken its first step into the Far East with the $289.7 million (177.7 million pound) purchase of a controlling interest in Lotus, a chain of 13 hypermarkets in Thailand.ess.

LONDON -- Tesco plc, Cheshunt, England, has taken its first step into the Far East with the $289.7 million (177.7 million pound) purchase of a controlling interest in Lotus, a chain of 13 hypermarkets in Thailand.

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