Bank of Ayudhya Public Company Limited on its acquisition of the whole of the consumer finance business of Home Credit Group in Indonesia and the Philippines, alongside other members of Bank of Ayudhya’s financial group, Adira Dinamika Multi Finance TBK and MUFG Bank, Ltd., in a transaction that will mark a material addition to Bank of Ayudhya’s consumer finance business in line with its ASEAN expansion strategy.

TMB Bank Public Company Limited on its approximate USD5.5bn merger with Thanachart Bank Public Company Limited, and TMB Bank’s related equity fundraising process through the issue of transferable subscription rights, which raised in excess of approximately USD1.2bn. The deal marked the largest bank merger in Thailand, positioning the merged ‘TTB’ entity as the sixth largest bank in the country by assets.

Northstar private equity in its $1 billion refinancing of an Indonesian retail company.

Lone Star private equity on the disposal of its interest in a Thai non-performing loan portfolio, involving the simultaneous sale of an asset management company in Thailand and related joint venture entities in multiple jurisdictions to an Asian private equity house.