Adviser to
Thai Ministry of Finance
for the sale of ACL Bank to
M&A Sell-Side
over $200M
2010
Thailand
Financial services
Thai Ministry of Finance / ICBC
Advisor to the Thai Ministry of Finance for the sale of ACL Bank to ICBC (2009-2010). The deal had been stagnant for over 2 years because of regulatory issues; within months of Strategy613’s involvement, ICBC made a public voluntary tender offer of over USD 550 million, and the deal - the largest Chinese investment in Thailand to date - closed with all approvals granted in April 2010.
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