Engie denied billion sale in Thailand
French energy giant Engie has been denied approval to sell a large energy producer in Thailand. Authorities are concerned that the sale will create a monopoly.
The French energy giant Engie has received a clear 'no' on its plan to sell its stake Thailand-based energy producer Glow. Engie must accept this rejection after Thai authorities announced their decision regarding the sale, which had been expected to meet with official approval.
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