Germany's Kaufland Warenhandel GmbH & Co. KG on Sept. 11 entered an agreement to acquire five Tesco PLC hypermarkets in Poland in Warsaw, Krakow, Gdansk, Wroclaw and Lublin.
Kaufland is a unit of Dieter Schwarz Stiftung gemeinnützige GmbH.
Financial terms were not disclosed. The transaction has been flagged to Poland's competition regulator.
