PLAN B Media’s Acquisition of Aqua Ad

Weerawong, Chinnavat & Partners Ltd. represented PLAN B Media Public Company Limited on the deal.

PLAN B Media Public Company Limited, Thailand’s leading out-of-home advertising media provider, proposed the acquisition of 100% shares in Aqua Ad Public Company Limited (which holds the entire shares in M.I.S. Media Company Limited); and Boardway Media Company Limited (which holds the entire shares in S.Thana Media Company Limited), which engage in out-of-home media businesses, from Aqua Corporation Public Company Limited. The deal was signed in February 2022, completed in April 2022 and was valued at approximately THB 2,882 billion (USD 83 million). 

The Weerawong C&P teams led by Senior Partner Veeranuch Thammavaranucupt (Picture), Partner Chumpicha Vivitasevi, and included M&A team Punyisa Intarapracha and Kejmanee Trongkamolthum, SEC team Pratumporn Somboonpoonpol, Passanan Suwannoi and Natthanun Suksomboon, as well as Pornphan Uasunthonphanit re merger control matters.

Involved fees earner: Punyisa Intarapracha – Weerawong Chinnavat & Peangpanor; Pratumporn Somboonpoonpol – Weerawong Chinnavat & Peangpanor; Natthanun Suksomboon – Weerawong Chinnavat & Peangpanor; Passanan Suwannoi – Weerawong Chinnavat & Peangpanor; Veeranuch Thammavaranucupt – Weerawong Chinnavat & Peangpanor; Kejmanee Trongkamolthum – Weerawong Chinnavat & Peangpanor; Pornphan Uasunthonphanit – Weerawong Chinnavat & Peangpanor; Chumpicha Vivitasevi – Weerawong Chinnavat & Peangpanor;

Law Firms: Weerawong Chinnavat & Peangpanor;

Clients: Plan B Media Public Company Limited;