Kipa
Tesco Kipa ends talks with Turkey's Be?endik on store sales
Tesco's subsidiary in Turkey has decided to hang onto some of its stores instead of selling them to rival Turkish retailer Be?endik after their performance improved strongly, it said on Jan. 2.
Be?endik's chief executive said in September that the company planned to buy 10 stores from Tesco Kipa as part of expansion plans that could ultimately lead to a stock market listing.