What is CP’s gameplan?

Thailand’s richest man Dhanin Chearavanont keeps the deal mill turning.
CP Lotus' supermarket stores have been underperforming.
CP Lotus' supermarket stores have been underperforming.
October 17, 2013

Thailand's richest man Dhanin Chearavanont continues to keep the deal mill turning. Earlier this week CP Lotus, which is partly owned by CP Group, inked a HK$2.3 billion ($296 million) agreement with Chinese supermarket operator Wumart. The latter bought 36 stores from CP Lotus through a share- swap deal.

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