In today’s briefing:
- Big C Retail Pre-IPO – The Negatives – Hasn’t Recovered from COVID
Big C Retail Pre-IPO – The Negatives – Hasn’t Recovered from COVID
- Big C Supercenter (BIGC TB) is looking to raise around US$1bn in its upcoming Thailand IPO.
- Big C is engaged in modern retail business and wholesale and trade support business. As of Dec 22, it had 1,651 retail stores in Thailand
- In this note, we talk about the not-so-positive aspects of the deal.