TMB has officially acquired a 99.97% stake in Thanachart Securities to enhance its wealth management capabilities and broaden investment options for clients.
Target Information
Thai Military Bank Public Company Limited (TMB) has officially acquired a 99.97% stake in Thanachart Securities Public Company Limited, amounting to a total of 2,998,959,721 shares. This acquisition positions TMB as a major shareholder in Thanachart Securities. Pitak Tantisirin, CEO of TMB, has stated that this investment is part of TMB's overarching strategy to enhance its Wealth Ecosystem and expand its comprehensive wealth management service capabilities.
As a leading securities firm in the country, Thanachart Securities possesses strong expertise in investment and has consistently earned customer trust due to its robust financial position. The merger between TMB and Thanachart Securities is anticipated to elevate service quality and deliver superior experiences to both existing and new customers. The synergy is expected to strengthen TMB's income from wealth management, which is a high-potential business segment, particularly in a fluctuating economic environment.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Thailand
The financial services industry in Thailand is characterized by robust competition and a growing demand for comprehensive wealth management solutions. The landscape is evolving, with more investors
Similar Deals
Clearlake Capital → Pathway Capital Management
2026
ธนาคารทหารไทยธนชาต จำกัด (มหาชน)
invested in
บริษัทหลักทรัพย์ ธนชาต จำกัด (มหาชน)
in 2025
in a Buyout deal
Disclosed details
Transaction Size: $58M