Monthly Archives: June 2017

Charoen Pokphand scraps plan to acquire 7-Eleven

Retail operator Modern Internasional announced on Monday that the acquisition of 7-Eleven convenience stores by Charoen Pokphand Indonesia had been cancelled because both parties had not reached an agreement. “The deal was scrapped because related parties could not reach an agreement,” Modern Internasional director Chandra Wijaya said in a statement published on the Indonesia Stock […]