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Gulf Energy offers $5.4 bln for telco in second-largest Thai deal

Media & TelecomGulf Energy offers $5.4 bln for telco in second-largest Thai deal ReutersPatpicha Tanakasempipat 4 minutes read Gulf Energy Development (GULF.BK), Thailands biggest power producer run by billionaire Sarath Ratanavadi, offered a $5.4 billion bid on Monday for Intouch Holdings (INTUCH.BK), which controls the countrys top mobile phone operator AIS. The 65 baht ($2.08) per share offer for the 81.1% shares of Intouch that Gulf doesnt already own, represents an 11% premium to Intouchs ...
Smith Banomyong Thaicom Pcl Sarath Ratanavadi Pisut Ngamvijitvong Ekkarin Wongsiri Thomson Reuters Trust Principles

Gulf Energy offers US$5.4 billion for top telco in second-largest Thai deal

20 Apr 2021 / 00:47 H. Customers waiting for service at an AIS shop in Bangkok. – REUTERSPIX BANGKOK: Gulf Energy Development, Thailands biggest power producer run by billionaire Sarath Ratanavadi, offered a US$5.4 billion (RM22.27 billion) bid on Monday for Intouch Holdings, which controls the countrys top mobile phone operator, Advanced Info Service (AIS). The 65 baht (RM8.58) per share offer for the 81.1% shares of Intouch that Gulf doesnt already own, represents an 11% premium to Intou...
Krung Thep Mahanakhon Smith Banomyong Thaicom Pcl Sarath Ratanavadi Pisut Ngamvijitvong Ekkarin Wongsiri

Seizing opportunities in crisis

Seizing opportunities in crisis The stock crash still saw some nimble investors recover, write Darana Chudasri, Nuntawun Polkuamdee and Somruedi Banchongduang published : 29 Dec 2020 at 04:02 5 2020 marks one of the most volatile years in stock history as the pandemic led to global economic uncertainty.  Thanarak Khunton This year saw an unexpected stock market crash followed by predictable trends that allowed savvy investors to make back ...
South Korea Phra Nakhon Si Ayutthaya Thanarak Khunton Peerapong Jirasevijinda Jirayut Srupsrisopa Nattapong Hirunyasiri

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