Coca-Cola Eyes Fraser & Neave Beverage Unit
August 01 2012 - 7:30PM
Dow Jones News
Coca-Cola Co. (KO) is considering a bid for Fraser & Neave
Ltd.'s (F99.SG) beverage unit, Bloomberg News reported Wednesday,
citing several people with knowledge of the matter.
The division could be worth up to $3 billion, two of the people
told Bloomberg.
An executive at Thai Beverage PCL (Y92.SG), which has been
increasing its stake in F&N, said Wednesday that Thai Beverage
plans to cooperate with F&N but isn't interested in buying the
company.
Full story at:
http://www.bloomberg.com/news/2012-08-01/coca-cola-said-to-explore-offer-for-f-n-
everage-division.html
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