CP All shareholders approve Makro takeover | Bangkok Post: business

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CP All shareholders approve Siam Makro takeover

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CP All Plc shareholders approved the retailer's 189 billion baht acquisition of Siam Makro Plc, the country's biggest ever takeover. 

A shopper pushes a cart carrying goods at cash and carry store, Makro in Bangkok, on Wednesday. CP All Plc shareholders approves the retailer's 189 billion baht acquisition of Siam Makro Plc. (EPA photo)

About 87% of shareholders who attended a meeting on Tuesday voted for the proposal, more than the 75% required, said Supot Shitgasornpongse, the company's secretary.

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