Tag Archives: retail business

Barclays Finalizes Acquisition of Tesco Bank’s Retail Business, Launches Strategic Partnership to Expand Tesco-Branded Financial Services

(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release

Marks & Spencer to sell its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim

London, 04-Jan-2018 — /EuropaWire/ — Marks & Spencer (M&S) has today (02 Jan 2018) confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The sale, which completed on 30 December, … Read the full press release