Thailand’s TCC acquires Metro Vietnam for $704 million

8 January 2016
Economy and commerce / Foreign investors / Investment / Trade
Regional / Thailand / Vietnam

Thai consumer goods group TCC Holding Co. Ltd has completed its acquisition of the Vietnamese operations of Metro for 655 million euros (US$704.1 million).

TCC’s subsidiary TCC Land International Pte. Ltd. takes over Metro’s 19 stores and related real estate portfolio in Vietnam, the German company said in a press release on 7 January.

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