Thailand: CPN buys out listed property developer GLAND for $616m

Thailand: CPN buys out listed property developer GLAND for $616m

Image from the company's website

Thai retail developer Central Pattana Pcl (CPN) has said it will acquire listed property player Grand Canal Land (GLAND) for 20.14 billion baht ($616.63 million), according to its filing to the Stock Exchange of Thailand on Wednesday.

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