Grocery retailer Big C said to weigh $500 million Thai IPO:
Big C Supercenter Plc, which runs supermarkets and convenience stores in Southeast Asia ...
bangkokpost.com/business/2432934/grocery-retailer-big-c-said-to-weigh-500-million-thai-ipo
Photo: bangkokpost.com · view article
Big C Plans Major IPO in Bangkok MarketBig C aims to raise over $500M in a potential IPO, operating nearly 1,800 stores across Southeast Asia as of 2022.
Key FactsNov 8, 2022 · Reading time: ~30 sec.
Summary created with AI assistance · Source: bangkokpost.com
Summary created with AI assistance · Source: bangkokpost.com
- Big C Supercenter Plc is considering a public offering in Bangkok that could exceed $500 million in proceeds.
- The company is engaging investment banks for proposals, with the IPO possibly taking place as early as next year.
- Founded in 1993, Big C was taken private by TCC Holding in 2017 after a previous IPO in 2012.
- Operating 1,792 stores across Thailand and neighboring countries, Big C recently acquired and rebranded 18 Kiwi Mart outlets in Cambodia.
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