Thai media giant Grammy sells 50% in TV unit to Chang Beer tycoon's sons

Thai media giant Grammy sells 50% in TV unit to Chang Beer tycoon's sons

Image from A-Time Media

Thai media giant GMM Grammy Pcl has agreed to sell a 50 per cent stake in its TV subsidiary GMM Channel Trading Co to Adelfos Co, an investment firm backed by Chang Beer tycoon Charoen Sirivadhanabhakdi’s sons, for a total of 1 billion baht ($30 million).

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