Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Wright Reports
$75.00
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Overseas Union Enterprise Limited, Kirin Holdings Co Ltd In Talks On Counterbid Offer For Fraser and Neave, Ltd-Reuters


Friday, 19 Oct 2012 04:29am EDT 

Reuters reported that a Singapore hotel and property firm backed by Indonesia's Lippo Group may team up with Japan's Kirin Holdings Co Ltd to thwart a $7.2 billion takeover offer for Fraser and Neave, Ltd (F&N) from companies linked to Thailand's third-richest man. In an unexpected move, Overseas Union Enterprise Limited (OUE) said on Friday it is seeking partners in a potential takeover bid for F&N, without identifying the parties. Kirin Holdings Co is one of the companies involved in the preliminary discussions. Kirin Holdings, F&N's second-biggest shareholder, was considering all possible options for its stake in the Singapore beverage and property conglomerate. The Japanese brewer declined to comment on the OUE talks. 

Related Company News

Company Quote

2.43
0.01 +0.41%
10:33pm EDT