CP Group raises $315 million from sale of shares in CP All

The deal comes shortly after the Dhanin Chearavanont-controlled seller receives regulatory approval to buy HSBC’s stake in Ping An Insurance.
<div style="text-align: left;">
Dhanin Chearavanont, the richest man in Thailand, controls CP Group
</div>
<div style="text-align: left;"> Dhanin Chearavanont, the richest man in Thailand, controls CP Group </div>

Three weeks after the Charoen Pokphand Group won approval to buy HSBC’s remaining 15.57% stake in Ping An Insurance, the Thai conglomerate was in the equity market raising cash from a sell-down in its Bangkok-listed subsidiary CP All, the owner of the 7-Eleven franchise in Thailand.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media