Thailand’s Richest Family Consolidates Siam Makro, Lotus Retail Stores In $6.7 Billion Deal

Charoen Pokphand Group—controlled by Thailand’s richest man Dhanin Chearavanont and his family—is consolidating its retail assets by selling the company’s controlling interest in the Lotus retail chain to Siam Makro, which is also controlled by CP Group.
Charoen Pokphand Group—controlled by Thailand’s richest man Dhanin Chearavanont and his family—is consolidating its retail assets by selling the company’s controlling interest in the Lotus retail chain to Siam Makro, which is also controlled by CP Group.