Pandemic allows firms time to restructure
Focus on consolidation, M&A
Large companies are taking advantage of the economic slowdown and the outbreak to restructure their businesses, aiming to prioritise consolidation or mergers and acquisitions (M&A), both locally and abroad.
Funding for the deals depends on a company’s financial status, and includes using operating cash flow, bond issuance, bank loans and capital increases.
Recently three large companies in Thailand announced major upcoming deals: Central Retail Corporation (CRC), Charoen Pokphand Foods (CPF) and Thai Union Group (TU).
Suttatip Peerasub, an analyst at Maybank Kim Eng Securities, said CPF reported to the Stock Exchange of Thailand it will consolidate its Chinese swin…
Read the full article at: https://www.bangkokpost.com/business/1989567/pandemic-allows-firms-time-to-restructure