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Thai bank terminates M&A deal with Home Credit
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Thai bank terminates M&A deal with Home Credit
In 2024, SCB, part of SCBX Public Co., Ltd., entered into a Sale and Purchase Agreement to acquire charter capital representing 100 per cent ownership in Home Credit Vietnam, for approximately VND 20.97 trillion ($806.5 million). Due to external factors, the conditions under the agreement cannot be fulfilled within the agreed timeline. As a result, the Board of Directors’ Meeting No. 8/2026 of SCB on March 20, has passed a resolution approving S…
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