date:Apr 01, 2013
its offering.
Mr Clarke effectively put the business up for sale in December when he initiated a strategic review of Fresh Easy and hired Greenhill to advise Tesco.
Mr Clarke has pledged to update the market on the progress of the strategic review on April 17, when the retailer posts its full-year results.
Tesco has invested more than 1bn into the California-based chain and faces a loss of hundreds of millions of pounds upon leaving the US business.
The options for Tesco include selling Fre