Clifford Chance, Allen & Overy and Baker & McKenzie have landed leading roles on the Thai convenience store operator CP All’s $6.6bn (£4.32bn) bid for a majority stake in national retailer Siam Makro.
CP All, Thailand’s largest convenience chain and third-largest operator of 7-Eleven stores globally, owned by Thai billionaire Dhanin Chearavanont, is to buy the 64% majority stake in Siam Makro, the owner of Makro cash-and-carry stores in Thailand, from Dutch trading company Netherlands-based SHV Holdings.
