By Razak Musah Baba

 

LONDON--Tesco PLC (TSCO.LN) Wednesday said it has sold its opticians business in the U.K. and Republic of Ireland to Vision Express, a move the supermarket chain said will help simplify its business.

Tesco said the opticians business currently operates online and in 206 stores across the U.K. and three stores in the Republic of Ireland. It employs 1,500 people.

No financial details were disclosed.

The disposal is subject to regulatory approval by the Competition and Markets Authority in the U.K.

 

Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

April 19, 2017 03:15 ET (07:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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