Trent Ltd.

BSE: 500251 | NSE: TRENT
Large Cap | Retailing
3901.75
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Tesco completes stake buy in Trent’s arm

Date: 04-06-2014

UK-based Tesco has completed purchase of part of the equity shares held by Trent in its wholly-owned subsidiary Trent Hypermarkets (THL) and subscribed for additional THL’s equity shares. Consequently, Trent and Tesco will each hold a 50% stake in THL.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.