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19-09-2012, 10:25 PM
(19-09-2012, 09:24 PM)KopiKat Wrote: Possible?? I think the breakup value of F&N will likely end up making lots of $$ for the Thais...
According to http://www.bloomberg.com/news/2012-08-05...-sale.html there are also other possibilities:
Quote:“The elephant in the room is what happens to the property assets,” said Jonathan Foster, Singapore-based director of Global Special Situations at Religare. Selling them to CapitaLand, Southeast Asia’s biggest property company, would create a Singapore developer with the scale to compete with global peers, he said.
“With a strong balance sheet including a strong cash position of S$5.1 billion, CapitaLand is always open to exploring opportunities in markets where we have a presence,” the company’s corporate communications department wrote in an e- mail Aug. 4.
Quote:Kirin is interested in F&N’s soft drinks business because of its reach in Southeast Asia, the company said Aug. 3. Coca- Cola is deciding whether to find a partner with which it can take F&N’s line of mixers and tonics, according to one person familiar with the matter.
And the publishing outfit? Popular Holdings?
