IRPC to Merge with PTT Global Chemical - Deal Analysis from GlobalData New Report
IRPC Public Company Limited, a Thai integrated petroleum and petrochemical company, is likely to merge with PTT Global Chemical Public Company Limited, a leading producer and distributor of petrochemical products in Thailand. The planned merger would be spearheaded by PTT Group, a majority shareholder in both companies, who tried to merge the two companies two years ago but did not succeed due to legal battles with IRPC’s founder, Prachai Leophairatana. Now, with the ousting of Leophairatana from the Board of...
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