Tesco Partners With Aeon to Exit Japan

CHESHUNT, U.K. — Tesco here said Monday it has reached an agreement to exit Japan by transferring its interests there to Aeon, Japan’s largest retailer.

Tesco plans first to sell 50% of its shares in Tesco Japan to Aeon for a “nominal sum,” resulting in the formation of a joint venture with Aeon. In addition, Tesco will invest a further

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