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Search Result for “Merger”

Showing 1 - 10 of 755

BUSINESS

SET rides wave of post-poll optimism

Business, Tisco Securities, Published on 14/02/2026

» The Stock Exchange of Thailand closed the first month of 2026 with high hopes for an election-themed rally. Market-cap leader DELTA turned positive again, pushing the SET up more than 20 points in the first week of the year, while positive sentiment about artificial intelligence (AI) on Wall Street spread to Asia.

BUSINESS

Musk merges his AI business into SpaceX

AFP, Published on 03/02/2026

» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.

BUSINESS

Suphachai rules out digital merger

Business, KOMSAN TORTERMVASANA and SIRIVISH TOOMGUM, Published on 28/01/2026

» Arise Ventures Group, the new major shareholder in True Corporation, insists it has not considered merging its True Internet Data Center Co Ltd (True IDC) and Ascend Money into True's organisational structure, as it could burden True's telecom business.

BUSINESS

Telenor selling stake in True Corp for $3.9 billion

Reuters and Online Reporters, Published on 22/01/2026

» The Norwegian telecom operator Telenor said on ‌Thursday ​that it had agreed to sell its stake in True Corporation of Thailand for a total ‌of 39 billion Norwegian crowns (123 billion baht or $3.9 billion).

BUSINESS

Corporate earnings see marked decline as economy stagnates

Nuntawun Polkuamdee, Published on 03/12/2025

» Listed Thai companies have reported weaker operating results for the first nine months of 2025 compared with a year earlier, attributed to a sluggish economic recovery, a strong baht, and sector-wide cost pressures, according to the Stock Exchange of Thailand (SET).

BUSINESS

Australian mining giant BHP drops Anglo American takeover bid

AFP, Published on 24/11/2025

» SYDNEY - Australian resources giant BHP said on Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper.

BUSINESS

Honda's bigger threat comes from China's EV makers, not tariffs or chips

Reuters, Published on 11/11/2025

» TOKYO — Honda's downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages - but the deeper, longer-term challenge lies in intensifying competition from Chinese electric vehicle (EV) makers.

BUSINESS

Indonesia ponders Grab-GoTo merger

Reuters, Published on 07/11/2025

» JAKARTA - Indonesian authorities are discussing a possible merger or acquisition involving the ride-hailing and food delivery giants Grab and GoTo, the presidential spokesperson said on Friday.

BUSINESS

Banpu Power preparing for merger with parent company

Business, Yuthana Praiwan, Published on 31/10/2025

» SET-listed Banpu Power is expected to merge with its parent firm Banpu Plc to enhance business operations as Banpu continues its shift towards clean energy development.

BUSINESS

True's one-network strategy implementation completed

Business, Komsan Tortermvasana, Published on 30/10/2025

» True Corporation has implemented its one-network strategy through the complete integration of True and the now defunct Total Access Communication (dtac) telecom tower infrastructure and spectrum pooling.