PlanetRetail.net 9 November 2006

According to reports in the Turkish press, Tesco is in talks to acquire Migros Türk. Parent company Koç Holdings has denied the rumours stating that news reports claiming that "talks between retailers Tesco and Migros have come to a notable point" do not reflect the reality. Wal-Mart has also been linked to a possible takeover of the Turkish retailer in recent months