Fraser and Neave Ltd (FRNM.SI)
LONDON The line-up of bidders for SABMiller's Peroni and Grolsch beers has changed, with U.S. private equity firm KKR replacing Bain Capital, which was unwilling to engage in a bidding war with industry players, three sources familiar with the matter said.
BANGKOK Thai Beverage has used its Singapore-listed unit Fraser and Neave to bid for SABMiller's Peroni and Grolsch beer brands, the Thai firm's Chief Executive Thapana Sirivadhanabhakdi said on Monday.
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