Two high-net-worth Thai individuals acquire 61% shares of Nation Broadcasting Corporation PCL. from Nation Group (Thailand) PCL. for a total value of THB 898 million.

Kudun and Partners represented two high-net-worth Thai individuals on their acquisition of approximately 61% shares in Nation Broadcasting Corporation Public Company Limited from Nation Group (Thailand) Public Company Limited for a total value of THB 898 million.

The acquisition of the shares by the buyer will allow Nation Group (Thailand) PCL. to become debt-free.

The transaction was led by Kudun Sukhumananda, partner and co-head of Corporate and M&A Practice together with Thitawan Thanasombatpaisarn, senior associate, and assisted by associate; Jeeranant Geevorakulnont.