CP Group news

08 August 2013
Despite cautious shopper spending in Thailand, the operating company of 7-Eleven and Siam Makro in Thailand reported consolidated total revenue growth of 15.3% and net profit growth of 8.9% in the first half of the year. Double digit revenue growth; profits reflecting cost of Makro acquisition Consolidated total revenue reached THB 106.5bn - double digit growth was driven by a combination...
23 April 2013
Thailand's CP Group has acquired Dutch SHV Holding’s shares in Siam Makro, with plans for the remaining shares to be completed in June, for the total value of THB 188.88bn (USD 6.6bn). Re-establishing the connection with Siam Makro CP All Group co-founded Siam Makro with SHV Holdings in 1988, but subsequently sold its shares. Following divestments in the late 1990s, the acquisition of a 64....