date:Mar 28, 2014
markets as Chief Executive Officer Philip Clarke seeks to revive sales in Britain, which accounts for about two-thirds of revenue. Turkey, which Tesco entered in 2003, was one of the retailers worst-performing markets last year as the business lost ground to discounters like BIM Birlesik Magazalar AS. Tesco generates about 745 million pounds ($1.2 billion) of revenue in Turkey.
BC Partners, based in London, in 2008 acquired control of Migros from Koc Holding AS in what was then Turkeys biggest