You have searched for "Central Group"
Showing 1-10 of 72
TESCO Plc agreed to sell its Asian businesses to Thai billionaire Dhanin Chearavanont for more than $10 billion, clinching a record deal in Thailand even as the coronavirus outbreak damps enthusiasm for mergers and acquisitions worldwide.
SINGAPORE (Reuters): British retailer Tesco has asked bidders to submit binding offers for its Asian business by Friday (Feb 28), in a deal that will see Thai billionaires fight for an asset valued at up to US$9 billion, sources with direct knowledge of the matter said.
WUHAN (China Daily/ANN): Chen Yixin, former deputy Party chief of Hubei province and former leading official of Wuhan, has returned to the city, the epicentreof the ongoing novel coronavirus outbreak, to guide local disease prevention and control work after leaving Wuhan for about two years.
Tesco said that it was carrying out a strategic review of its Thai and Malaysian businesses after receiving interest. A sale of the Asian operations would allow the supermarket chain to get an infusion of cash to continue a restructuring of its core UK business that has cut thousands of jobs.
SINGAPORE: Thailand’s largest retailer, Central Retail Corp, priced its initial public offering (IPO) near the top end of an indicative range, in a deal worth about US$2.5bil, making it the country’s largest IPO this month.
HONG KONG: Britain’s largest supermarket chain Tesco Plc is inviting Thai tycoons to the second round of bidding for its operations in Thailand and Malaysia that could fetch more than $7 billion, according to people with knowledge of the matter.
HANOI (Vietnam News/ANN): As one of the most dynamic economies in the region, Vietnam's retail market is attractive for many foreign investors, but it can also be challenging at the same time.
HONG KONG (Bloomberg): The Thailand and Malaysian operations of Britain’s largest supermarket chain Tesco Plc are on the shopping lists of Thai tycoons.
SINGAPORE: Britain’s biggest supermarket chain, Tesco Plc, is considering the sale of its operations in Thailand and Malaysia as it refocuses on its domestic business amid mounting challenges in the core UK market.
KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) has agreed to acquire an 80% stake in Energy Optimization (Thailand) Co Ltd for THB4.64mil (RM642,176) to increase its market presence in the region.