2013 horse meat scandal situation. The Food Standards Agency's (FSA) chief executive, Catherine Brown also said "it is unlikely we will ever know" how many unwittingly ate horsemeat. Tesco's market value dropped by . European Union officials, European ministers and Commissioner (Tonio) Borg set up an urgent meeting in Brussels on 13 February 2013 on how to contain the horse meat scandal that exposed flaws in European control systems on food safety, and to formulate an action plan. Following the meeting, EU agriculture ministers announced a three-month programme of DNA testing of processed meat across the European Union. The plan calls for 2,500 random
Tesco International operations Easy operated 182 stores across Arizona, California and Nevada. In April 2013, Tesco put the Fresh & Easy chain on sale, booking losses of £1.2bn. It announced the sale of 150 of the stores in the 200 strong chain to private equity firm Yucaipa Companies in September 2013. The BBC reported that the remaining stores were expected to close. The deal included Tesco loaning the venture £80m and retaining an option to buy back a stake in the business if Yucaipa succeeded in turning around the group's performance. Tesco International operations Tesco has expanded its operations outside the UK to