F&N has another potential suitor
Another bottler is said to be considering a bid for Fraser and Neave’s beverage business.
“Coca-Cola Co., the world’s largest soft-drinks maker, is exploring a bid for the beverage business of Singapore’s Fraser and Neave Ltd., according to several people with knowledge of the matter,” said a Bloomberg report.
Meanwhile F&N requested a halt in trading of its shares pending release of an announcement.
View the report here.