Thailand's TCC to buy Casino's Thai Unit for USD3.5b


(MENAFN) TCC Holding Co., the Thailand-based industrial conglomerate, is in the process of acquiring a controlling stake in Casino Guichard-Perrachon SA's Thailand hypermarket chain for nearly USD3.5 billion.

According the recent data compiled by Bloomberg's sources, this crucial agreement would add to the USD50.6 billion of purchases in Southeast Asia throughout the previous twelve months.

Moreover, TCC operates in food and beverage, industrial and trading, finance and insurance, property and real estate, and agricultural and agro-industrial businesses in Thailand and internationally.

Furthermore, the firm produces alcohol and non-alcohol beverages; trades industrial, consumer, healthcare, and technical products; offers general, life, and operating lease and hire purchase insurance solutions.


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