Billionaire Clan Is Said to Weigh $2 Billion Thai Summit Sale
Thai Summit Group, the Southeast Asian country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and...
By Cathy Chan, Manuel Baigorri · Bloomberg Markets
Thai Summit Group, the Southeast Asian country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter.