BJC bids for Big C remaining share

For fresh fruit and vegetable marketing and distribution in Asia
Gabrielle Easter

BY GABRIELLE EASTER

@gab_produceplus

BJC bids for Big C remaining share

Since acquiring a majority stake in grocery chain Big C Thailand, Berli Jucker has made a bid for 100 per cent ownership

BJC bids for Big C remaining share

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Importer-exporter Berli Jucker (BJC) has made a bid for 100 per cent ownership of retailer Big C Thailand, reports Inside Retail Asia.

BJC bought a majority stake in the hypermarket chain earlier this month, acquiring 58.6 per cent of Big C Thailand from French retailer Casino Group for US$6.2bn.

The firm will now tender an offer US$7.09 a share for the remaining 41.45 per cent stake. The acquisition will mean buying out the founding partners and minor shareholders for around US$2.44bn.

BJC is the retail business of TCC group owned by Thai tycoon Charoan Sirivadhanabhakdi.

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