Thailand’s CP Group to merge hypermarket owners in overseas push

Pedestrians walk past a Makro store, operated by Siam Makro Pcl, in Bangkok, Thailand. Photographer: Brent Lewin/Bloomberg

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Thailand’s largest conglomerate Charoen Pokphand Group will reorganize and merge operating companies of its Lotus’s and Makro retail chains to create a stronger entity as the group eyes overseas markets.

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