M&A Archives - Thura Swiss

Thura NewsViews

Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss

YKKO restaurant chain to be acquired by Yoma

Singapore-listed conglomerate Yoma Strategic Holdings (YSH) is to acquire a 65 percent stake in local restaurant chain YKKO. The deal is reportedly worth an estimated USD 12.6 million, according to an article in the Myanmar Times. The article quoted

LOTTE Confectionery to acquire Myanmar's L&M Mayson

Lotte Group acquires major stake in Myanmar bakery firm

South Korean conglomerate Lotte Group acquires 80 percent of local confectionary L&M Mayson Company, through its subsidiary Lotte Confectionary. According to a report in DealstreetAsia, the deal value is almost US$ 70 million. The article said t

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …