Thai mergers and acquisitions surge, to rank highest in Asean, as firms fight off virus crisis


BANGKOK, Aug 6 (The Nation/ANN) - The Covid-19 pandemic has sparked a steep rise in mergers and acquisitions, according to an expert at CIMB Thai Bank (CIMBT).

Businesses are choosing to fight the crisis by expanding or merging – especially in the hotel, health, hospital, and production sectors, said Pornchai Padmindra, CIMBT's co-head of Wholesale, Corporate, and Investment Banking.

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