Thailand's CP Group to merge hypermarket owners in overseas push

Thailand's CP Group to merge hypermarket owners in overseas push

Pedestrians walk past a Makro store, operated by Siam Makro Pcl, in Bangkok, Thailand. Photographer: Brent Lewin/Bloomberg

Thailand’s largest conglomerate Charoen Pokphand Group will reorganize and merge operating companies of its Lotus’s and Makro retail chains to create a stronger entity as the group eyes overseas markets.