Grocery Retailer Big C Said to Weigh $500 Million Thai IPO
- Big C is sounding out investment banks for possible share sale
- Company was delisted in 2017 after TCC unit took it private
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Big C Supercenter Pcl, which runs supermarkets and convenience stores in Southeast Asia, is considering going public again in Bangkok through an initial public offering that could raise more than $500 million, according to people familiar with the matter.
The Bangkok-based company is sounding out investment banks for proposals for the share sale, which could happen as soon as next year, the people said, asking not to be identified as the information is private.