Thai billionaire launches $6.6bn retail bid

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/H60H77/T14070/6PU2TE/ZBD267/   Breaking news Tuesday April 23 2013 Breaking News   Thai billionaire launches $6.6bn retail bid CP All, Thailand's largest convenience store chain and the world's third-largest operator of 7-Eleven stores, has made a 787 baht ($27.34) per share offer for control of cash-and-carry retailer Siam Makro, valuing the Thai-based company at $6.6bn, well above its market value of about $5.7bn. Shares in CP All were suspended on Tuesday morning ahead of an announcement, but fell nearly 6 per cent on Monday amid reports of an impending bid as investors signalled concerns the company might need to raise funds. Shares in Siam http://link.ft.com/r/H60H77/MJBG97/EWL9DR/GDMA24/JQOLV2/36/h?a1=2013&a2=4&a3=23 Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..