Thailand’s Central Retail to acquire office supplies firm COL for $391m

Photo from Central Retail Corporation’s website.

Central Retail Corporation (CRC), Thailand’s largest retailer, has offered to acquire COL, a Stock Exchange of Thailand (SET)-listed office products and e-books supplier, for about 12.16 billion baht ($391 million), according to a disclosure.

CRC, the SET-listed retail arm of Central Group, said its board has resolved to approve the acquisition of COL through its wholly-owned subsidiary PBHD Ltd.

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