Jirayut Srupsrisopa (Topp) is the 31-year-old founder and CEO of Bitkub Capital Group Holdings Co Ltd. The cryptocurrency company has become Thailand's first fintech startup to notch up a valuation of more than US$1 billion and reach the ultimate "unicorn" status.
Korean Air wins Thailand’s approval for Asiana acquisition
Photo by: Korean Air/Facebook Tuesday, June 1, 2021 8:44 AM UTC
Related Stories
Korean Air, the biggest airline in South Korea, revealed on Monday, May 31, that it has earned another approval from two more countries over its acquisition of Asiana Airlines, a smaller local carrier. This means that it is getting closer to full take over of its former rival.
Approvals needed for the acquisition deal to go ahead
Yonhap News Agency reported that Korean Air did not only receive approval from Thailand’s watchdog but also from the Philippines. The two countries are the latest to greenlight the acquisition of Asiana Air, following Turkey that issued its approval in February.
3 Min Read
LONDON (Reuters) - Shareholders in Tesco can look forward to a 5 billion pound ($6.7 billion) windfall in the new year after the group said it would complete a $10.6 billion sale of its Asian businesses to Thailand’s CP Group next week.
Tesco agreed to sell its businesses in Thailand and Malaysia to Dhanin Chearavanont’s CP Group in March.
Britain’s biggest retailer said that CP Group, which runs its 12,000 7-Eleven convenience stores through CP All and about 80 cash-and-carry stores under Siam Makro, was satisfied with the approval notice from Thailand’s Office of Trade Competition Commission.
This, plus approval from the Ministry of Domestic Trade and Consumer Affairs in Malaysia on Nov. 10, means there are no further conditions outstanding and the disposal is expected to complete on or around Dec. 18.
Deal set to complete on Dec. 18 5 bln stg to be returned via special dividend Pension fund to get 2.5 bln stg injection Tesco shares up 1.3% (Adds detail, analyst comment, updates shares)
LONDON, Dec 9 (Reuters) - Shareholders in Tesco can look forward to a 5 billion pound ($6.7 billion) windfall in the new year after the group said it would complete a $10.6 billion sale of its Asian businesses to Thailand’s CP Group next week.
Tesco agreed to sell its businesses in Thailand and Malaysia to Dhanin Chearavanont’s CP Group in March.
Britain’s biggest retailer said that CP Group, which runs its 12,000 7-Eleven convenience stores through CP All and about 80 cash-and-carry stores under Siam Makro, was satisfied with the approval notice from Thailand’s Office of Trade Competition Commission.