Snack maker Orion says makes preliminary bid for Tesco's S.Korea unit

ORION Holdings

25/06/2015 08:42

SEOUL, June 25 (Reuters) - Snack manufacturer Orion Corp 
 001800.KS  has submitted a preliminary bid for British retailer 
Tesco's  TSCO.L  South Korean unit Homeplus, the maker of "Choco 
Pie" said in a regulatory filing on Thursday.   
    Orion and private equity firms Affinity Equity Partners, 
Carlyle Group  CG.O  and CVC Capital Partners were among seven 
to eight preliminary bidders for the unit, a Korean newspaper 
reported on Thursday.  ID:nL3N0ZA5UL  
 
 (Reporting by Joyce Lee; Editing by Muralikumar Anantharaman) 
 ((jungyoon.lee@thomsonreuters.com; +82 2 3704 5609; Reuters 
Messaging: jungyoon.lee.thomsonreuters.com@reuters.net)) 
 
Keywords: TESCO SOUTHKOREA/ORION CORP