Thai-listed firm The Steel's arm to buy SIPCO, three affiliates for $19.4m

Thai-listed firm The Steel's arm to buy SIPCO, three affiliates for $19.4m

Visual from The Steel's website

The board of directors of The Steel, Thai-listed steel producer, has approved its subsidiary The Siam Power (TSP) to acquire Siam Power Generation PCL (SIPCO) and its three affiliate entities for an investment not exceeding 700 million baht ($19.4 million).

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