Thai Billionaire’s CP Group Weighs $200 Million Data Center Sale
- Dhanin Chearavanont’s conglomerate is interviewing advisers
- True IDC owns four data centers in Thailand and one in Myanmar
Dhanin Chearavanont
Photographer: Anthony Kwan/BloombergThis article is for subscribers only.
Thai conglomerate Charoen Pokphand Group is exploring the sale of its data centers unit that could fetch around $200 million, according to people with knowledge of the matter.
The group, owned by billionaire Dhanin Chearavanont, is interviewing advisers to help with the potential disposal of True Internet Data Center Co., said the people, who asked not to be named as the process is private.