July 31, 2019 / 2:38 AM / 4 months ago

Top Thai retailer Central Group plans IPO of department store unit

BANGKOK, July 31 (Reuters) - Thailand’s largest mall operator Central Group said on Wednesday it will list its Central Retail Corporation unit, which will combine retail businesses in Thailand, Vietnam and Italy.

The plan for listing comes amid intense competition among retailers and online shopping.

Reporting by Chayut Setboonsarng Editing by Michael Perry

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