Turkish retailer Uyum Gida this morning (3 July) denied it held talks with Tesco over the potential sale of a majority stake in the business.

A spokesperson for told just-food representatives from the company had met with Tesco but insisted “negotiations were not held” on Tesco taking a share in the group. Uyum Gida operates 50 stores in Turkey.

A report in Turkish newspaper Vatan claimed Uyum Gida was in the “final stages” of talks that would see the UK supermarket operator take a controlling stake in the firm.

Tesco declined to comment on “market rumour and speculation”.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now