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Gulf Energy, Intouch Stock Rallies Put $30 Billion Deal at Risk

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 03 2024
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Gulf Energy, Intouch Stock Rallies Put $30 Billion Deal at Risk
Gulf Energy, Intouch Stock Rallies Put $30 Billion Deal at Risk
(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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