HONG KONG: TCC Holding Co, led by Thai billionaire Charoen Sirivadhanabhakdi, has agreed to buy control of Casino Guichard-Perrachon SA’s Thailand hypermarket chain for about US$3.5bil, people with knowledge of the matter said.
TCC agreed to purchase Casino’s 58.6% stake in Bangkok-listed Big C Supercenter Pcl, the people said, asking not to be identified as the information is private. The deal could be announced as soon today, according to two of the people.
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