Thailand’s Berli Jucker Pcl has tapped foreign banks including BNP Paribas as well as domestic lenders to raise $6.2 billion for its acquisition of Big C Supercenter, putting it on track to successfully meet a March 31 financing deadline.
Berli, the core retail business of Thai tycoon Charoen Sirivadhanabhakdi, won a hotly contested auction for the 58.6 percent stake in Big C owned by France’s Casino Group.