Thai O2O services provider VGI acquires 18.6% stake in rival PLANB

Thai O2O services provider VGI acquires 18.6% stake in rival PLANB

Image from VGI

VGI Global Media Plc (VGI), a Thai listed online-to-offline services provider, is acquiring an 18.59 per cent stake in out-of-home media rival Plan B Media Pcl (PLANB) for 4.62 billion baht ($145.52 million), according to a disclosure to the Stock Exchange of Thailand on Tuesday.

Bring stories like this into your inbox every day.

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