Casino Exits Thailand as Big C Rises 2,200% Since 1999: Chart

Casino Guichard-Perrachon SA’s major Thai foray began in early 1999 with its $162 million takeover of Big C Supercenter Pcl from a local group struggling amid the Asian financial crisis. The French retailer, which doubled down in 2011 with a $1.2 billion purchase of Carrefour SA’s Thai unit, is now selling its operations for $3.5 billion to the country’s richest man, Charoen Sirivadhanabhakdi. Big C shares have gained more than 2,200 percent since the initial Casino investment, far outpacing its parent’s performance and beating its biggest local rival, CP All Pcl, which debuted in 2003.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE