CHINA: Tesco raises GBP70m in funding for Chinese expansion
By: Chris Brook-Carter | 25 August 2011
Tesco has raised CNY725m (US$113m) to fund its expansion in China through the launch of an offshore Chinese Renminbi denominated bond issue in Hong Kong.
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Tesco has raised CNY725m (US$113m) to fund its expansion in China through the launch of an offshore Chinese Renminbi denominated bond issue in Hong Kong.
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