CP ALL Public Company Limited (“CPALL or the Company”), the Thai operator of the 7-Eleven ‘Convenience Food Store’, announced another stepping stone in preparing toward upcoming AEC with the major acquisition of Siam Makro Public Company Limited (“Makro”), the leader in the operation...
Posted on March 05, 2013 14:28
Dhanin Chearavanant, the head of Charoen Pokphand Group, one of world's largest agribusiness conglomerates, made headlines in February with the biggest-ever foreign acquisition of a Chinese company when he bought a 15% controlling stake in China's second-ranked insurer, Ping An, for $9.4 billion, fr...
Posted on February 01, 2013 17:45
Date: February 1, 2013
CHAROEN POKPHAND GROUP COMPLETES THE PURCHASE OF PING AN INSURANCE SHARES FROM HSBC ON FEBRUARY 1, 2013
On 1 February 2013, wholly owned subsidiaries of the Charoen Pokphand Group Company Limited received regulatory approva...
Posted on January 11, 2013 15:00
Date: January 11, 2013
We refer to the continuing unsubstantiated press commentary on the proposed acquisition of a 15.6% interest in Ping An Insurance by four wholly-owned subsidiaries of the Charoen Pokphand Group (“CP Group”). CP Group wishes to state once again that the purchase...
Posted on December 25, 2012 22:14
Recently, there have been false news reports regarding the acquisition of Ping An Insurance shares by the Charoen Pokphand Group which was also reported online as well. In this regard, the Charoen Pokphand Group would like to officially clarify as follows:
The acquisition of shares were legal – The...