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CHAROEN POKPHAND
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
Reliance may acquire Metro AG's India business at a value of less than $500 millionThe move will help Reliance Retail – the retail unit of the conglomerate -- to consolidate its presence in the B2B trade segment which it h...
Reliance set to acquire METRO Cash & Carry India in Rs 4,060 crore dealThe deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash & Carry here, they said. This is going...
Reliance may have an edge in race for Metro IndiaOne of the people said while the CP Group is still in the fray, there are chances Reliance may be the only one to place the final bid, whic...
Reliance said to be sole bidder for Metro’s India businessCharoen Pokphand Group Co. is no longer actively in talks with Metro, leaving only Ambani’s Reliance to pursue the so-called cash-and-carry...
RIL makes Rs 5.6k-crore initial offer for Metro Cash & Carry India; CP Group bids Rs 8k croreOne of the persons aware of the development said German parent Metro AG is concerned about the regulatory environment in India and the ‘swa...
Billionaires are vying for Metro’s Indian wholesale unitThe Thai conglomerate controlled by tycoon Dhanin Chearavanont and its Indian counterpart backed by billionaire Mukesh Ambani have submitte...
CAIT alleges FDI policy violations by Metro; German retailer denies charge"As per the media reports Metro Germany is looking to sell the India business and make profits of over Rs 10,000 crore on its investment in...
After 19 years, Metro plans to cash out of India business for $1.5-1.75 billionMetro has been operating its nationwide chain of 31 cash-and-carry stores since 2003 but intense competition and large investments to susta...
Pandemic cannot stop this Thai billionaire heir, work-from-home culture boosts his startupAmity had managed to avoid loss for the first time since it was founded eight years ago.
Tesco clinches $10-billion Asian sale to Thai billionaireTesco agreed to sell its Asian businesses to Thai billionaire Dhanin Chearavanont for more than $10 billion, clinching a record deal in Tha...
This Chinese 24-year-old's parents just gave him a $3.8 billion giftThe grant of 2.7 billion shares, detailed in a Hong Kong exchange filing late Tuesday, adds to a tsunami of Asian wealth that’s being passe...
In India, conglomerates must hone that edgeThe top quartile conglomerates in India and South East Asia performed significantly better than others.
Siam Makro enters cash & carry biz, to invest Rs 1,000 croreThe company, part of $50 billion Charoen Pokphand (CP) group, will operate under the brand name 'Lots Wholesale Solutions'.
Jack Ma’s Ant Financial Plans to Buy 20% Stake in Ascend MoneyAn investment into Ascend Money, parent of True Money and Ascend Nano, would help Ant Financial expand its online payments and small loans ...
Charoen Pokphand Foods forays into packaged foods business in IndiaCalling India a "key market" for the company, CP Foods India Senior Vice President Sanjeev Pant said, "The packaged foods industry is estim...
Poultry firms fear profit fall on imports of costly feedsThe poultry representatives said that production of maize fell by more than a third on account of back-to-back droughts.
Five star chicken prepares Rs 3,100-crore bucket to take on KFC, McDonald'sThe investment of $500 million will go towards expanding all three units: shrimp, poultry and food.
India bans imports on account of avian influenza; to challenge WTO order on US poultryFearing loss of business, local poultry players have been pressing the government to take steps to ensure that the US doesn't dump chicken ...
Taiwanese company to invest Rs 571 crore in PunjabTaiwan-based company Charoen Pokphand will set up five modern units including feed mill in the field of poultry and pig farming with capita...