Later in 2017, Berli Jucker Pcl., a subsidiary of TCC, acquired Big C and the company was subsequently delisted. In 2016, French retailer Casino Guichard Perrachon SA agreed to sell a 58.6% stake in Big C to TCC Holding Co., controlled by Thai billionaire Charoen Sirivadhanabhakdi, for EUR3.1 billion. In 2012, the firm had an initial public offering in Thailand, where it collected over THB4.2 billion, or US$112 million.
Thailand’s top grocery retailer Big C is reportedly considering an initial public offering (IPO) in Thai market that may raise more than $500 million, according to the report by Bloomberg who cited a source familiar with the matter.Īccording to Bloomberg on Tuesday, which cites unnamed sources, the Bangkok-based company is currently in discussions with investment banks to seek proposals for the share sale, which could take place as early as next year.īig C was established in 1993 by the Central Group.
