Tesco sale is Asia’s biggest private-equity Deal

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    Private-equity firm MBK Partners sealed an over $6 billion deal for U.K. retailer Tesco’s South Korea business, the biggest-ever in Asia, including debt. WSJ’s Rick Carew looks at why Tesco sold and why MBK wants to own the retailer, known as Homeplus. Photo: Reuters

    This video originally appeared in the WSJ

    Photo: Gordon Joly