Thai Billionaire Sarath Merging Energy, Telecom Units To Create $20 Billion Company
Billionaire Sarath Ratanavadi is merging his Bangkok-listed Gulf Energy Development with Intouch Holdings, which controls Thailand’s second largest mobile phone operator by subscribers, Advanced Info Service, in a deal that will create a combined entity worth over $20 billion.
Billionaire Sarath Ratanavadi is merging his Bangkok-listed Gulf Energy Development with Intouch Holdings, which controls Thailand’s second largest mobile phone operator by subscribers, Advanced Info Service, in a deal that will create a combined entity worth over $20 billion.
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