Tesco has been exploring its options with regards to its US operation Fresh and Easy Neighbourhood Market.
FPJ understands that the UK retailer had been in discussions with Aldi and Trader Joes about selling Fresh & Easy, although a sale is just one of the options Tesco could possibly take.
Other options include selling off a stake in the business or closing the business and disposing of the assets, but a break-up of the business looks likely.
Tesco has invested more than £1bn (US$1.5bn) in the California-based chain since it first launched in 2007.
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