Debt headache for Thai tycoon as protests bruise baht
January 21, 2014 at 19:36 PM EST
Dhanin's CP ALL PCL, which operates 7- Eleven convenience stores, last year took a 1- year $5.8 billion loan to fund the $6.6 billion acquisition of cash-and-carry wholesaler Siam Makro- paying 53 times earnings in Asia's most expensive consumer sector deal by multiple.