German grocery retailer Tengelmann is reported to be negotiating the sale of its Kaiser’s supermarket network in Hungary.

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The network of 22 supermarkets is operated by Tengelmann subsidiary Plus Elelmiszer Diszkont.


One of the potential buyers is Hungarian food retailer Tesco-Global, a unit of UK supermarket company Tesco, reported the Hungarian News Digest, adding that Tesco had declined to comment on the speculation.

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