Thailand Dealbook: EPG delays acquisition in China; Demco to divest stake in WEH

Thailand Dealbook: EPG delays acquisition in China; Demco to divest stake in WEH

Visual from EPG website

The uncertainty in the Chinese economy has made Eastern Polymer Group to call off its $500-million acquisition of a Chinese auto-part production firm for now. In another Thailand business development, Demco is likely to sells off its shares in Wind Energy Holding in the latter’s initial public offering to raise capital to fund large-sized projects awarded by state agencies.

Bring stories like this into your inbox every day.

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