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Big C lining up banks for B30bn IPO

Supermarket and convenience store chain aims for return to SET after five-year absence

Shoppers stock up at a Big C hypermarket in Bangkok. (Bangkok Post File Photo)

Big C Supercenter Plc has picked Bank of America and UBS Group to advise on an initial public offering expected to be worth at least 30 billion baht, according to people with knowledge of the matter.

The supermarket and convenience store chain, owned by the SET-listed trading company Berli Jucker Plc, has also chosen four local banks for the potential share sale on the Stock Exchange of Thailand, they added.

The IPO could take place as soon as this year, the sources said, asking not to be identified as the information is…

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