Gulf Energy, Intouch Stock Rallies Put $30 Billion Deal at Risk --[Reported by Umva mag]

A surge in the stock prices of Thai billionaire Sarath Ratanavadi’s power company Gulf Energy Development Pcl and its telecoms affiliate Intouch Holdings Pcl may make it more challenging for the almost $30 billion merger to get done.

Oct 3, 2024 - 02:55

Gulf Energy, Intouch Stock Rallies Put $30 Billion Deal at Risk --[Reported by Umva mag]

(Bloomberg) — A surge in the stock prices of Thai billionaire Sarath Ratanavadi’s power company Gulf Energy Development Pcl and its telecoms affiliate Intouch Holdings Pcl may make it more challenging for the almost $30 billion merger to get done. Read More

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