Thai alternative energy firm to take over Dhara Dhevi Group for $70m

Thai alternative energy firm to take over Dhara Dhevi Group for $70m

Image of Dhara Dhevi's main lobby from the hotel's website.

Thailand’s listed alternative energy firm Inter Fareast Energy Corporation (IFEC) is to acquire Dhara Dhevi Hotel Chiang Mai Group (DDV Group) from existing shareholders for 2.52 billion baht ($70 million).

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