Thailand: Central sells 25% in Big C to rival TCC Group for $1.4b, for financing Vietnam deal

Thailand: Central sells 25% in Big C to rival TCC Group for $1.4b, for financing Vietnam deal

Thailand’s Central Group has sold out of domestic retail firm Big C Supercenter Pcl , accepting a tender offer from rival TCC Group in a deal that will help Central purchase a Vietnamese supermarket chain, people with knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter