The information was published by Reuters on April 29th.
The winner in the race to acquire Big C Vietnam is Central Group, a corporation
from Thailand.
According to Reuters, Casino – the French retailer has
officially announced to sold Big C Vietnam to Central Group from Thailand for
1.14 billion USD. This is a move to reduce current debts of the owner of this
supermarket.
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According to Casino, the commission of the deal is 920
million Euros. Central Group is a well-known family corporation in Thailand,
operating in many fields such as real estate, retail, hotel and restaurant.
Earlier, in February, TCC Group, a rival of Central Group
has won the race to buy the shares of Big C Thailand from Casino for 3.1
billion Euros. TCC has also included in the race to acquire Big C Vietnam.
Lotte Group (Korea), Central Group and TCC Holding (both
from Thailand), Saigon Co.op and Masan Group (Vietnam) are the brightest
candidates in this race. However, according to new information, Lotte Group and
Central Group will abandon the race.
During the first bidding round, investors offering a very
high price of nearly 1 billion USD. Finally, Big C Vietnam has belonged to
Central Group.
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We strive to save your cost
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