Bangchak Corporation Plc began planning to take over petroleum refining company Esso (Thailand) Plc four years ago, and it took one year of negotiations before the deal was sealed, said Chaiwat Kovavisarac, the Thai petroleum and energy conglomerate’s CEO and president.

DUTY-FREE operator King Power International Group is set to cash in on tourism growth if it achieves its takeover of Asia Aviation, operator of low-cost airline Thai AirAsia.