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Tycoon's $17 Billion Bid for Telecom Giants Draws Skeptics

Tycoon's $17 Billion Bid for Telecom Giants Draws Skeptics
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Thai tycoon's US$17bil bid for Telecom giants draws sceptics

Thai tycoon's US$17bil bid for Telecom giants draws sceptics
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Tycoon's $17 Billion Bid for Telecom Giants Draws Skeptics

Tycoon's $17 Billion Bid for Telecom Giants Draws Skeptics
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Thai billionaire plans US$5.4bil buyout of Intouch

Huge deal: An AIS shop in Bangkok. Gulf Energy will tender for 100% of AIS, Thailand’s biggest mobile phone company controlled by Intouch. Reuters
BANGKOK: Gulf Energy Development Pcl, Thailand’s biggest power producer by market value, offered to acquire Intouch Holdings Pcl that control’s the nation’s largest mobile phone operator for as much as 169 billion baht (US$5.4bil or RM22bil).
The Bangkok-based company, controlled by billionaire Sarath Ratanavadi, offered to buy 2.6 billion shares, or about 81% of Intouch, that it doesn’t currently own at 65 baht each, it said in an exchange filing. The offer price is 11% higher than Intouch’s close on Friday. ....

Krung Thep Mahanakhon , Republic Of , Thaicom Pcl , Sarath Ratanavadi , Temasek Holdings Pte , Gulf Energy Development Pcl , Singapore Telecommunications Ltd , Intouch Holdings Pcl , Gulf Energy , Info Service Pcl , Advanced Info Service Pcl , Advanced Info , Bloomberg Billionaires , குடியரசு ஆஃப் , தேமாஸேக் ஹோல்டிங்ஸ் ட் , வளைகுடா ஆற்றல் வளர்ச்சி பல் , சிங்கப்பூர் தொலைத்தொடர்பு லிமிடெட் , தொடர்பில் ஹோல்டிங்ஸ் பல் , வளைகுடா ஆற்றல் , தகவல் சேவை பல் , ப்ளூம்பெர்க் கோடீஸ்வரர்கள் ,

Thai billionaire Sarath plans US$5.4bil buyout of Intouch

Sarath Ratanavadi, who controls the Gulf Energy Development (Gulf) - Thailand’s biggest power producer by market value, is among the richest businessman on the Thai stock market. - The Nation Thailand/ANN
BANGKOK, April 19 (Bloomberg): Gulf Energy Development Pcl, Thailand’s biggest power producer by market value, offered to to acquire Intouch Holdings Pcl that control’s the nation’s largest mobile phone operator for as much as 169 billion baht (US$5.4 billion).
The Bangkok-based company, controlled by billionaire Sarath Ratanavadi, offered to buy 2.6 billion shares, or about 81% of Intouch, that it doesn’t currently own at 65 baht each, it said in an exchange filing. The offer price is 11% higher than Intouch’s close on Friday. ....

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