Thai Billionaire Bids 13 Times Sale Price to Reclaim Siam Makro

Thai Billionaire Bids 13 Times Sale Price to Reclaim Siam Makro

Brent Lewin/Bloomberg

Siam Makro operated 57 Makro stores and five Siam Frozen stores at the end of 2012. It opened five new Makro stores last year, helping to boost annual revenue by 15 percent to 112 billion baht, the company said on Feb. 27.