Manunphattr Dhanananphorn
Stories by Manunphattr Dhanananphorn
Thai refiner Bangchak’s solar unit IPO to raise up to $170m
BCPG Pcl, the solar power unit of Thai oil refiner Bangchak Petroleum Pcl, could raise up to 5.9 billion baht ($170 million) from an initial public of
Thailand: Central sells 25% in Big C to rival TCC Group for $1.4b, for financing Vietnam deal
The deal stems from a decision by French retail group Casino to sell its Thai and Vietnam units this year in an effort to cut debt.
Parent firm CP All plans share sale in Thai cash-and-carry chain Siam Makro
Thai cash-and-carry chain Siam Makro Pcl plans to invest up to 9 billion baht ($258 million) this year to open stores at home and overseas,
Thailand to re-auction 4G spectrum at starting price of $2.1b
Thailand's telecoms regulator said the starting price of the re-auction for the fourth generation (4G) mobile spectrum will be $2.1 billion, the winn
Thai CP-backed Group ups investment in Icon Siam project to $1.6b
CP, controlled by billionaire Dhanin Chearavanont, formed a joint venture with Siam Piwat Co and Magnolia Quality Development to develop the luxury mi
Thai Berli taps overseas banks to raise $6.2b for Big C deal; on track to meet financing deadline
Berli is seeking $3.4 billion to buy Casino's stake from mostly foreign banks while Thai banks will largely provide the local currency component.
Canned tuna producer Thai Union bullish on M&As, to tap China & Asean for growth
The plans are part of a new strategy after the company scrapped a $1.5 billion acquisition of U.S. rival Bumble Bee Seafoods in December.
Thailand’s Berli Jucker seeks $6.2b loan for Big C acquisition; shares drop
The loan amount is about four times BJC's market cap of 56 billion baht, raising worries of a sizeable equity issue and resultant earnings dilution.
