Thailand power producer Gulf Energy makes $5.4b bid for control of Intouch

Thailand power producer Gulf Energy makes $5.4b bid for control of Intouch

Bangkok, Thailand. Photo: Pixabay

Thailand-based power producer Gulf Energy Development has made an offer to acquire Intouch Holdings, which controls the nation’s biggest cell phone operator, for 169 billion baht ($5.4 billion), according to a stock exchange filing.

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