What was the valuation that Jimmy Choo was seeking?
Tesco Hires Stewart as CFO Starting Immediately
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The transcript covers a company's disappointing first-half performance and competition with its zero-calorie sweetener. It discusses Jimmy Choo's plans to sell shares on the London Stock Exchange, seeking a valuation of about a billion dollars. Additionally, it highlights Tesco's appointment of Alan Stewart as CFO, months earlier than planned, as the company deals with overstating its profit guidance by £250 million.
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What was the amount by which Tesco overstated its profit guidance?
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