BUSINESS

CP to file Tesco deal with trade panel

Business, Phusadee Arunmas, Published on 01/06/2020

» Charoen Pokphand Group (CP), the country's biggest agribusiness conglomerate, is scheduled to file documentation for the group's deal to acquire 86.9% of the Thai business of Tesco and 100% of the UK retailer's Malaysian business in a deal valued at US$10.6 billion with the Office of Trade Competition Commission (OTCC) for consideration this week or next.