Meanwhile, Berli Jucker is also eyeing Big C Vietnam after the billionaire Charoen Sirivadhanabhakdi-backed, listed company dropped its bid for Metro Cash & Carry in Vietnam. “They are approaching retailers in the market to make the selling offer.”Ī source close to Central Group’s activities in Vietnam said a deal between the Thai retailer and electronics appliance chain Pico had failed, prompting speculation that a Central Group takeover was on the cards.Įarlier last year it had acquired 49% of Nguyen Kim, a major electronics retailer in Vietnam. However, that doesn’t appear to be the case, as a Vietnamese representative of the Thai conglomerate reportedly has said nothing has happened from its side. There had originally been rumours the Central Group was planning to reacquire control of Groupe Casino’s Big C stores in Vietnam, said the speakers.
