There are over 2,000 stores in Thailand operating under the Tesco Lotus brand. Photo: Reuters

Thai billionaire Dhanin secures funding for Tesco’s hypermarkets in Asia’s biggest M&A deal this year

  • UBS, JPMorgan and Siam Commercial Bank to underwrite acquisition finance in support of CP Group’s bid for Tesco assets in Thailand, Malaysia, sources say
  • Deal value is the biggest in Asia excluding Australia so far this year as tycoon builds on his dominance at home
Topic |   Coronavirus outbreak

TOP PICKS

There are over 2,000 stores in Thailand operating under the Tesco Lotus brand. Photo: Reuters
READ FULL ARTICLE