Tesco shareholders and staff pension fund to get total €8.2bn payout in February    

This follows the announcement the group would complete the sale of its Asian businesses next week

Tesco plans to return about £5bn of the proceeds of the sale of its Asian business to shareholders via a special dividend, together with a share consolidation, and will also put £2.5bn into its pension fund. File picture

Shareholders in Tesco can look forward to a £5bn (€5.5bn) windfall in the new year, while its staff pension fund will also get a £2.5bn boost, after the group said it would complete the sale of its Asian businesses next week.

Tesco had first agreed to sell its businesses in Thailand and Malaysia in March.