Tesco exits Slovakia, Czech Republic and Hungary — Biedronka tipped as frontrunner to take over

Tesco is preparing to exit the Czech Republic, Slovakia and Hungary. Slovak media and analysts in Bratislava have identified Biedronka — owned by Jeronimo Martins Polska — as the frontrunner to take over the British chain's stores. Jeronimo Martins declined to comment on potential acquisitions in those three countries.