April 7 (Bloomberg) -- Thailand’s Central Retail Corp Ltd. may raise its offer for Italian department store chain La Rinascente SpA, daily Il Sole 24 Ore reported, without saying where it got the information.
Central Retail may offer 220 million euros ($314 million), according to the Italian newspaper. The Thai company would challenge a bid led by La Rinascente Chairman Maurizio Borletti, Il Sole reported.
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