Mergers & Acquisitions Mergers & Acquisitions

CP-Tesco merger temporary suspension request denied by Thai court

By Jet Damazo-Santos
  • 19 Jul 2021 01:38
  • 19 Jul 2021 02:20
A Bangkok court has rejected a request to temporarily suspend the $10.6 billion Charoen Pokphand-Tesco merger, giving the country’s antitrust regulator an early win in the case over the legality of the deal’s approval.

The regulator’s chairman, Sakon Varanyuwatana, told MLex that the administrative court has denied the petition by 37 con

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Jet Damazo-Santos

Correspondent, Jakarta


Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the Pacific.

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