Thai Makes Progress On Fleet Renewal And Takeover Of Nok

Thai Airways International appears to be moving ahead with plans to expand its fleet and, at the same time, is upping its takeover bid for Nok Air. It is trying to buy Krung Thai Bank’s 10% stake, after which it will own 49% of Nok. Thai has increased its bid to 32-33 baht ($1.04) per share from 13...

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