France’s Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion euros excluding debt ($3.5 billion) to Thailand’s TCC Group , it said on Sunday. Central Group sells Big C Thailand stake to rival - Inside… The deal follows French retail group Casino’s decision to sell its Thailand and Vietnam units this year in a bid to cut debt. Both businesses have hypermarkets, supermarkets and convenience stores. Central Group, Thailand’s biggest retailer led by tycoon Tos Chirathivat, lost out to TCC’s flagship... Thai tycoon buys up Big C supermarkets | World Finance Groupe Casino sells a majority stake in Thai supermarket chain to TCC Group for $3.5bn. Groupe Casino has sold its controlling stake in one ofBig C is the latest in a recent string of acquisitions made by self-made billionaire Charoen, who founded Thailand’s largest beverage company, ThaiBev. Tcc group to buy casino group’s stake in big C
Feb 07, 2016 · Casino Shares Surge After French Grocer Sells Stake in Big C. Casino Guichard-Perrachon SA surged in early Paris trading after the 3.1 billion-euro ($3.5 billion) sale of its controlling stake in Thai supermarket chain Big C Supercenter Pcl eased concern over the grocer’s finances. To continue reading this article you must be a Bloomberg...
HONG KONG/BANGKOK - France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for about US$3.4 billion to Thailand's TCC Group, a person with direct knowledge of the matter said on Sunday. The deal is a ... Casino Group to sell Thai Big C stake - Asean Economist The visitor to Thailand need not wait long to find a Big C. Source: Flickr The French Casino Group has agreed to sell its majority holding in Thailand’s Big C Supercenter for 3.1 billion euros excluding debt (US$3.5 billion) to the Thai TCC Group, it said on Sunday. Casino Shares Surge After French Grocer Sells Stake in Big C - Bloomberg
TCC GROUP TO BUY CASINO GROUP’S STAKE IN BIG C
TCC will pay €3.1 billion for Casino’s 59% stake in hypermarket operator. Group Casino plans to sell its stake in the Thai hypermarket Big C for around $3.46 billion to a Thai billionaire, according to a report in The Wall Street Journal. TCC is a holding company ... Casino Group to sell Big C stake to Thai TCC Group - sources, Consumer - THE BUSINESS TIMES [HONG KONG] France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for about US$3.4 billion to Thailand's TCC Group, a person with direct knowledge of the matter said on Sunday. Big C sold in Thailand, not in Vietnam - News VietNamNet Casino Group is set to sell its stake in Big C Supercenter PCL to the TCC Group, one of Thailand's leading conglomerates, for 3.1 billion euro (US$3.46 billion). Groupe Casino to sell stake in Thai grocer Big C - MarketWatch Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for EUR3.1 billion ($3.46 billion) to a Thai billionaire, marking a major step in the French grocer's plans to cut its debt. Thai tycoon Charoen Sirivadhanabhakdi's holding company, TCC Group, will buy
Thai Big C stake sale - The Himalayan Times
TCC will pay Group Casino €3.1 billion ($3.46 billion) which the French company will use to pay down its debt. Group Casino put the Big C Thailand stake on the market after receiving expressions of interest in the business when it announced it was selling Big C Vietnam and after a credit rating downgrade by Standard & Poors. Casino Group sells Big C Vietnam to Thai Central Group France's Casino Group officially sold its Big C supermarket in Viet Nam to the Thai Central Group for 1 billion EUR (US$ 1.14 billion), the French group said in a statement. Central Group sells Big C Thailand stake to rival - Inside ... Thailand’s Central Group is a step nearer to settling on Big C Vietnam after selling its stake in Big C Thailand to a rival retailer.. Central has accepted an offer from rival TCC Group for its 25 per cent holding of Big C Supercenter, reported to be worth at least 50 billion baht (US$1.4 billion). Online Casino at STAKES
Groupe Casino has agreed to sell its stake in Thai hypermarket operator Big C Supercenter for $3.46 billion to Thai billionaire Charoen Sirivadhanabhakdi. Groupe Casino has agreed to sell its stake in Thai hypermarket operator Big C Supercenter for $3.46 billion ...
Feb 7, 2016 ... France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for about $3.4 billion (121 billion ... Thailand's TCC Group to Buy Groupe Casino's Stake in Big C - WSJ Feb 7, 2016 ... Groupe Casino has agreed to sell its stake in Thai hypermarket operator Big C Supercenter for $3.46 billion to Thai billionaire Charoen ...
Thai tycoon buys up Big C supermarkets Groupe Casino sells a majority stake in Thai supermarket chain to TCC Group for $3.5bn Groupe Casino has sold its controlling stake in one of Thailand's biggest supermarket chains, which is owned by Charoen Sirivadhanabhakdi UPDATE 2-Casino Group to sell Big C stake to Thai TCC Group UPDATE 2-Casino Group to sell Big C stake to Thai TCC Group. 3 Min Read * Casino to sell 58.6 pct stake for $3.5 bln excluding debt * Casino’s asset sales are part of its plans to cut debt Casino to sell Big C stake to Thai TCC Group | Financial Times