Thai Berli secures $6.2 billion financing to buy Casino's Big C stake: sources

March 16, 2016 11:12 AM

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Thai Berli secures $6.2 billion financing to buy Casino's Big C stake: sources

BANGKOK/HONG KONG Thailand's Berli Jucker Pcl (BJC.BK) has secured a $6.2 billion short-term financing deal with 15 banks to fund the acquisition of Big C Supercenter (BIGC.BK) from France's Casino Group (CASP.PA), people with direct knowledge of the deal said.

Berli, the core retail business of Thai tycoon Charoen Sirivadhanabhakdi's TCC Group, won a hotly contested auction for Casino's 58.6 percent stake in Big C.

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