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Search Result for “acquisition transaction”

Showing 1 - 10 of 285

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

Innobic buys Alvogen Pharma

Business, Yuthana Praiwan, Published on 08/12/2025

» Innobic (Asia), the life science arm of energy giant PTT Plc, is moving into the world's largest pharmaceutical market after securing a foothold in the US through the acquisition of Alvogen Pharma US Inc.

BUSINESS

Banpu to take advantage of rising US electricity demand

Business, Yuthana Praiwan, Published on 26/08/2025

» SET-listed Banpu Power Plc is taking advantage of the rapid growth of artificial intelligence (AI) technology-driven power demand in the US to strengthen its electricity retail business.

BUSINESS

PTTEP to divest from Mexican site

Business, Yuthana Praiwan, Published on 14/08/2025

» SET-listed PTT Exploration and Production (PTTEP) is pushing ahead with its plan to exit the petroleum business in Mexico, in line with the company's business restructuring to invest in other regions.

BUSINESS

PTT sells stake in Neo Mobility Asia to MGC

Business, Yuthana Praiwan, Published on 06/08/2025

» National oil and gas conglomerate PTT Plc continues to reduce its role in the battery-powered vehicle business with the sale of its entire 50% stake in Neo Mobility Asia Co (NMA), a flagship electric vehicle (EV) business, to SET-listed auto retailer Millennium Group Corporation (Asia) (MGC).

BUSINESS

PTT to sell stake in Taiwan pharmaceuticals firm

Business, Yuthana Praiwan, Published on 25/07/2025

» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.

BUSINESS

Egco acquires 49% interest in US clean power projects

Business, Yuthana Praiwan, Published on 20/06/2025

» SET-listed Electricity Generating (Egco), a power generation arm of Electricity Generating Authority of Thailand, has acquired a 49% share in clean power projects in the US, stepping up efforts to reach its goal of having renewable energy assets account for 30% of the company's total assets within five years.

BUSINESS

Banpu divests from 10 Japanese solar power plants

Business, Yuthana Praiwan, Published on 18/06/2025

» Banpu Power Plc has decided to divest shares in 10 solar power plants in Japan worth 4.46 billion baht to optimise its portfolio of energy assets and ensure long-term expansion.

BUSINESS

OR eyes move into quick meal business

Business, Yuthana Praiwan, Published on 21/05/2025

» PTT Oil and Retail Business Plc (OR) is planning to venture into the quick meal business if ongoing talks with partners are successful.

BUSINESS

Major players post bumper Q1 profits

Business, Yuthana Praiwan, Published on 16/05/2025

» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.