SET-listed RS Plc plans to allocate between 1-2 billion baht for new merger and acquisition (M&A) deals this year to create opportunities for growth and expand the ecosystem for the group.
However, the company is noncommittal about a media report that RS is in M&A talks with Unilever Thailand, a local arm of the global consumer product conglomerate Unilever.
According to Surachai Chetchotisak, the company’s chief executive, the company is negotiating with two partners for business collaborations via M&A, and it aims to seal the deals this year. The new business deals relate to its entertainment and commerce business that provide synergy to its…
