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Competition watchdog approves CP-Tesco deal
Competition watchdog approves CP-Tesco deal
FRIDAY, NOVEMBER 06, 2020
The Office of Trade Competition Commission (OTCC) on Friday gave the green light to Charoen Pokphand (CP) Group’s deal to buy Tesco Stores (Thailand).
Commission delays decision on CP-Tesco merger for another 15 days
Commission delays decision on CP-Tesco merger for another 15 days
FRIDAY, OCTOBER 30, 2020
The Office of Trade Competition Commission (OTCC) has deferred for 15 days a decision on the proposed merger of a subsidiary of Charoen Pokphand (CP) Group with Tesco Thailand, amid worries of giving the company monopolistic control over the retail market.Competition commission to consider CP's Tesco acquisition today
Competition commission to consider CP's Tesco acquisition today
WEDNESDAY, OCTOBER 28, 2020
The Trade Competition Commission (TCC) will meet today to decide whether Charoen Pokphand (CP)’s acquisition of Tesco’s Thailand business could lead to a monopoly or unfair market dominance.
CP already operates the 7-Eleven franchise in Thailand.CP Group seeks permission to merge with retailer Tesco Lotus
CP Group seeks permission to merge with retailer Tesco Lotus
MONDAY, JULY 13, 2020
Charoen Pokphand Group (CP), Thailand’s largest agribusiness conglomerate, last week filed a document with the Trade Competition Commission seeking permission to merge its retail business with Ek-Chai Distribution System Co Ltd, the operator of Tesco Lotus, the commission’s chairman Sakon Varunyuwatana said.
Tesco Lotus Express to allow only 15 people at one time in stores
Tesco Lotus Express to allow only 15 people at one time in stores
SATURDAY, MARCH 28, 2020
Tesco Lotus Express will allow no more than 15 customers at one time in its 1,600 stores nationwide, as part of its social distancing policy, starting from Sunday (March 29).Approval of CP-Tesco deal subject to scrutiny for 'market monopoly'
Approval of CP-Tesco deal subject to scrutiny for 'market monopoly'
MONDAY, MARCH 09, 2020
The Bt332.6-billion mega deal between UK-based Tesco and Thai conglomerate C P Group will be subject to scrutiny as to whether it would lead to a retail market monopoly before it can be approved by the Trade Competition Commission, Sakon Varanyuwatana, chairperson of the anti-trust commission, told the Nation on Monday (March 9).CP Group set to buy Tesco’s Thai, Malaysian businesses in deal valued at over Bt332 billion
CP Group set to buy Tesco’s Thai, Malaysian businesses in deal valued at over Bt332 billion
MONDAY, MARCH 09, 2020
Tesco announced today (March 9) that it has entered into a conditional agreement with a combination of CP Group entities – CP Retail Development, Charoen Pokphand Holding, CP All and CP TCC 'plans $10-billion loan' to fund bid for Tesco in Thailand, Malaysia.
TCC 'plans $10-billion loan' to fund bid for Tesco in Thailand, Malaysia.
TUESDAY, MARCH 03, 2020
Corporate giant TCC Group plans to fund its bid for Tesco with a $10-billion two-year loan, Bloomberg reported.Big C eyes Tesco's business in Thailand
Big C eyes Tesco's business in Thailand
THURSDAY, JANUARY 16, 2020
Retail operator Big C Supercenter is keen on acquiring Tesco Lotus's business in Thailand to bolster its position in the market, said president Aswin Techajareonvikul, adding that the company had already made an offer to Tesco. Tesco Lotus to boost bottled water production to help customers cope with drought
Tesco Lotus to boost bottled water production to help customers cope with drought
SATURDAY, JANUARY 11, 2020
Tesco Lotus has increased the production of bottled water under its own brand, and also ordered bottled water of other brands to sell at its branches nationwide, in response to the drought this year (2020), which is predicted to be more severe and longer than in previous years.