That is lower than local tax authority's previous estimate of $159 million
It plans 20 megastores and 100 supermarkets
The retail giant considers Vietnam its second home with new opportunities
To open seven new stores this year to add to its 33 supermarkets and 11 convenience stores
Central's purchase of Big C Vietnam is part of rush of deals in the country by Thai firms.
“The retail market is booming” in Vietnam
Central beats rival TCC group to win Vietnam business
Vietnam's swelling middle-class sees Thai products as better and vastly preferable to the cheap but unpopular goods from...
Some major retailers in the bidding race have valued Big C at more than $800 million
Strong presence of foreign giants such as Lotte and Aeon has already made it difficult for local companies
Some offers valued the business at more than $800 million
Aeon has emerged as the leading bidder after submitting an offer that values the business at more than $800 million,...
Definitive offers are expected by mid-April
First round bids were due on March 10, a source said
French retail group Casino will accept bids later this month, and insiders have denied the purported sale to Thai group...