Over the next three years, the Dutch retailer Ahold has announced its intention to invest in its 40 strong Malaysian supermarket chain Tops to the tune of between £2.7m and £3.6m. Tops is the market leader in Malaysia and recently speculation has abounded that Tesco was in talks for a buyout. A spokesman from Ahold commented, however that: “It has never been discussed. On the contrary, we’re proud of the company. We’re continuing to invest and expand the chain – acquisition is a future possibility.”
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