Thai tycoon Charoen keeps buying

Berli Jucker, a retail and trading company controlled by Charoen Sirivadhanabhakdi, agreed to buy Metro's cash & carry business in Vietnam.

Thai tycoon Charoen keeps buying

Berli Jucker, a Thai company controlled by tycoon Charoen Sirivadhanabhakdi, struck a deal on Thursday to buy German retailer Metro's cash and carry business in Vietnam for an enterprise value of 655 million $876 million to beef up its retail presence in Vietnam.

Singapore-listed Frasers Centrepoint, a property firm also controlled by Charoen, is in the midst of taking over property firm Australand, and made an unconditional offer for the company also on Thursday.

Berli Jucker will...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: thailand | acquisitions | hsbc | lazard | consumer | vietnam

Print Edition

FinanceAsia Print Edition

EVENTS