A banner year for M&A deals
1
Despite the pandemic, there were many large merger and acquisition agreements
published : 25 Dec 2020 at 07:00
1 A woman pushes a shopping cart in front of a Tesco Lotus store in Bangkok. CP Group s acquisition of the hypermarket chain was one of the largest deals this year. (Photo by Wisit Tham-ngern)
Merger and acquisition (M&A) activity looked strong at the beginning of 2020 with numerous transactions, including the acquisition of the Ninth Towers office building and Unilever House office building projects (US$186 million and $50.4 million, respectively) by CPN Retail Growth Leasehold REIT.
In the first quarter of 2020, according to international consulting firm KPMG, the real estate, infrastructure and construction sectors contributed 83.5% of the $1.36 billion M&A transaction value.
New Year events should fit the times
Following a year unlike any other, celebrations and events will face a host of constraints
published : 21 Dec 2020 at 04:30
16
With fears of a second wave of the pandemic in Thailand yet to dissipate, event organisers and government agencies are rushing to ensure New Year celebrations and consumer sentiment will not be spoiled by the invisible enemy of the state.
A 40-metre-tall Christmas tree lights up CentralWorld mall in Bangkok s Ratchaprasong area ahead of the Christmas and New Year period. New Year countdown events are proceeding despite negative factors, though organisers are required to follow safety standards. (Photo by Wichan Charoenkiatpakul)