Corporations have been busy striking merger and acquisition deals this year, in the belief that the transactions will strengthen their business, ease cost pressures, and offer new opportunities.
Such partnerships are perceived as a key strategy to stay afloat or even thrive during a difficult time, amid a raging pandemic and rapid changes in digital customer behaviour.
The DTAC, True tie-up still faces tough regulatory challenges by related agencies and consumer advocates who believe the merger could limit competition and subsequently affect consumer interest.
DTAC, TRUE TIE-UP
In the early morning of Nov 22, many people were surprised to hear of the planned merger between True Corporation Plc and Total Access Communication Plc (DTAC), No.2 and No.3 mobile operators in Thailand.
Both companies notified the Stock Exchange of Thailand on that day that they had…
