Showing 91 - 100 of 283
A banner year for M&A deals
Business, Post Reporters, Published on 25/12/2020
» Merger and acquisition (M&A) activity looked strong at the beginning of 2020 with numerous transactions, including the acquisition of the Ninth Towers office building and Unilever House office building projects (US$186 million and $50.4 million, respectively) by CPN Retail Growth Leasehold REIT.
B.Grimm: Modelling business with compassion
Business, Yuthana Praiwan, Published on 08/12/2020
» 142 years ago, B.Grimm founders Bernhard Grimm and Erwin Mueller set out on a path that would have a ripple effect on Thailand. In 1878, they opened the first European pharmacy in Thailand and later hired Adolf Link, a young German pharmacist, to manage the business. Thanks to Adolf Link's visionary approach, bringing good health to many Thais all those years ago, B.Grimm is now one of the most respected companies in the country.
BAFS buys 7 PDI solar power plants
Business, Yuthana Praiwan, Published on 05/12/2020
» SET-listed Bangkok Aviation Fuel Services Plc (BAFS) is diversifying into the renewable energy business by buying seven solar power plants, worth 1.7 billion baht, from Padaeng Industry Plc (PDI), as the aviation industry remains high-risk.
CP-Tesco ruling riles rivals
Business, Published on 16/11/2020
» A recent ruling by the Office of the Trade Competition Commission (OTCC) raised eyebrows when it granted conditional approval to the acquisition of the local retail business of Tesco by Charoen Pokphand (CP) Group, causing some to question if the Thai conglomerate has a monopoly.
B.Grimm eyes revenue surge by 2028
Business, Yuthana Praiwan, Published on 10/10/2020
» B.Grimm Group has set a long-term revenue target of 150 billion baht by 2028, a leap from this year's expected figure of 60 billion baht, says chairman Harald Link.
FNS to acquire all MK shares in deal worth B2.8bn
Business, Nuntawun Polkuamdee, Published on 29/09/2020
» SET-listed Finansia Plc (FNS) plans to acquire all shares of MK Real Estate Development Plc (MK) in a deal worth around 2.8 billion baht.
Opportunity knocks
Business, Published on 28/09/2020
» Although sentiment among consumers and investors has not recovered from bruises of the Covid-19 pandemic, the business world is seeing more mergers and acquisitions (M&A) as conglomerates are taking advantage of the economic slowdown to restructure their businesses or capture prime assets at a discounted rate.
Gunkul targets Vietnam solar farms worth B5bn
Business, Yuthana Praiwan, Published on 04/09/2020
» SET-listed Gunkul Engineering Plc is negotiating asset acquisition deals worth 5 billion baht with three solar farm operators in Vietnam, aiming to expand the company's renewable energy business.
B.Grimm looks to renewables, LNG
Business, Yuthana Praiwan, Published on 25/08/2020
» B.Grimm Power Plc, Thailand's top private power generation firm by capacity, continues to expand its domain in renewable energy and liquefied natural gas (LNG) businesses as cleaner energy is becoming a new global trend.
Banpu and BPP buying wind farm
Business, Yuthana Praiwan, Published on 05/08/2020
» Banpu and power business arm Banpu Power (BPP) have joined forces to acquire El Wind Mui Dinh, an onshore wind farm in southern Vietnam, in a deal worth US$66 million (2.05 billion baht).