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On 9 March 2020, CP Group submitted the winning bid to purchase Thai retailer, Tesco Lotus, for about US$10.6 billion. The purchase needed the approval of the Office of Trade Competition Commission (OTCC) as it could constitute a monopoly, given that CP already owns 7-Eleven convenience stores and the Makro cash-and-carry business.
CP All PLC was established in 1988 by the Charoen Pokphand Group. The company is the sole operator of 7-Eleven convenience stores in Thailand, which has been granted exclusive rights from 7-Eleven, Inc. to conduct business under an area license agreement.
Charoen Pokphand Foods Public Company Limited, (Thai: บริษัท เจริญโภคภัณฑ์อาหาร จำกัด (มหาชน)) a company of the Charoen Pokphand Group, is an agro-industrial and food conglomerate headquartered in Thailand.
7-Eleven, Inc. is an American convenience store chain, headquartered in Irving, Texas and owned by Japanese company Seven & I Holdings through Seven-Eleven Japan Co., Ltd. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946.
Big C is Thailand's second-largest hypermarket operator after Tesco's Thai unit, and has a market capitalisation of 163.25 billion baht (US$4.6 billion). Charoen's acquisition of Big C would boost the tycoon's retail presence in Thailand. He owns Berli Jucker PCL, the listed retail arm of TCC. Personal life. His wife is Khunying Wanna.
Lotus's (formerly known as Lotus Supercenter, Tesco Lotus Supercenter and Tesco Lotus) is a retail chain in Thailand founded and operated by Charoen Pokphand (CP) Group, with operations in Malaysia following the acquisition of Tesco Malaysia in 2020.
On June 11, 2012, Seven & i, through its 7-Eleven, Inc. subsidiary, acquired 23 convenience stores in the US from Strasburger Enterprises, Inc. On December 4, 2013, Seven & i purchased 44.99% ownership of Barneys Japan Co., Ltd. from "a fund operated by Tokio Marine Capital".
Thailand. FamilyMart opened its first store in 1993 and grew to over 1,000 locations within the next decades. In May 2020, FamilyMart transferred their 49% stake of the Thai joint venture to partner Central Group.
PTT Public Company Limited or simply PTT (Thai: บริษัท ปตท. จำกัด (มหาชน)) is a Thai state-owned SET-listed oil and gas company.
James Harrison Wilson Thompson (March 21, 1906 – disappeared March 26, 1967; declared dead 1974) was an American businessman who helped revitalize the Thai silk industry in the 1950s and 1960s. At the time of his disappearance he was one of the most famous Americans living in Asia.