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WORLD

F&N to sell Myanmar Brewery stake at $560m

Published on 06/08/2015

» Fraser & Neave Ltd will sell its stake in Myanmar Brewery Ltd at more than double the price offered by local partner Myanmar Economic Holdings Ltd (MEHL), capping a two-year dispute over the country’s leading beermaker.

BUSINESS

ThaiBev shakes up Singapore drink makers

Published on 14/09/2012

» SINGAPORE : Thai billionaire Charoen Sirivadhanabhakdi made a S$9 billion (US$7.3 billion, 220 billion baht) bid for the 70 per cent of Fraser & Neave Ltd. he does not control, potentially blocking Heineken NV from buying the company's beer business.