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Update news Thai billionaire
VietNamNet Bridge - After taking over the largest Vietnamese brewer, the Thai owner has made changes from personnel to business strategy.
F&N Dairy Investments Pte., Ltd has been repeatedly registering to buy more than 14.5 million shares to raise ownership in Vinamilk (code: VNM).
VietNamNet Bridge - Two companies from Thailand and Singapore, willing to buy state shares in Vinamilk, the nation’s leading dairy producer, belong to one powerful owner.
VietNamNet Bridge - Thai billionaires in recent years have been successively disbursing money in deals to take over Vietnamese businesses, planning to turn Vietnam into a market that consumes many Thai goods.
Robins Department Store Pcl of the Central Group, owned by the family of Mr. Tos Chirathivat, Thailand's richest man, opened the Robins shopping center in HCM City last Friday, following its first center in Hanoi in early March this year.
Thailand billionaire Charoen Sirivadhanabhakdi, who recently bought Metro Cash & Carry, a German distributor in Vietnam, is moving ahead with a plan to buy Sabeco, a brewery, and Vinamilk, a dairy producer.
Berli Jucker Plc (BJC), the Thai firm that acquired Metro Cash & Carry Vietnam, plans to invest an additional one billion baht ($31.2 million) from now to 2018 to expand its retail network in Vietnam.
Fraser & Neave Dairy Investments Pte Ltd, owned by Thai billionaire Charoen Sirivadhanabhakdi, has tendered an offer to acquire an additional 15 million shares of Vietnam Dairy Products Joint Stock Company (Vinamilk).
Thai billionaire Charoen Sirivadhanabhakdi, 69, a businessman famous as a person who likes putting a spoke in others’ wheel, who got involved in many big hostile takeover deals, is believed to take actions to take over Melia Hotel in Hanoi.