PUBLISHED : 21 Sep 2023 at 09:46
LONDON – B.Grimm Group is considering selling a minority stake in its gas-fired power portfolio in Thailand that could be valued at about US$2 billion (72.48 billion baht) in a deal, according to people familiar with the matter.
The oldest conglomerate in Thailand is working with an adviser to identify potential investors for the assets, said the people, who asked not to be identified as the information is private. A transaction could…