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Tesco Plc Profits From South Korean Exit

Long-suffering Tesco (LSE: TSCO) shareholders could be excused a smile on news that the supermarket has managed to sell its South Korean business, Homeplus, for a price at the top of expectations. But is it the best long-term strategy for the company?

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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.