CP-Tesco merger temporary suspension request denied by Thai court
By Jet Damazo-Santos ( July 19, 2021, 06:08 GMT | Insight) -- A Bangkok court has rejected a request to temporarily suspend the $10.6 billion Charoen Pokphand-Tesco merger, giving the country’s antitrust regulator an early win in the case over the legality of the deal’s approval. The regulator’s chairman, Sakon Varanyuwatana, told MLex that the bigger decision on the validity of the deal’s approval is still pending.A Bangkok court has rejected a request to temporarily suspend the $10.6 billion Charoen Pokphand-Tesco merger, giving the country’s antitrust regulator an early win in the case over the legality of the deal’s approval....
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