Edition:
United States
Pictures | Tue Jan 22, 2013 | 1:42am EST

Thais set to win F&N battle after Overseas Union bows out

A security guard walks past a logo of Fraser and Neave Limited at its office building in Singapore January 21, 2013. Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS LOGO)

A security guard walks past a logo of Fraser and Neave Limited at its office building in Singapore January 21, 2013. Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by...more

A security guard walks past a logo of Fraser and Neave Limited at its office building in Singapore January 21, 2013. Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS LOGO)
Close
1 / 4
Stacks of Fraser and Neave (F&N) products are on display at its factory in Pulau Indah outside Kuala Lumpur in this December 4, 2012 file photo. REUTERS/Bazuki Muhammad/Files

Stacks of Fraser and Neave (F&N) products are on display at its factory in Pulau Indah outside Kuala Lumpur in this December 4, 2012 file photo. REUTERS/Bazuki Muhammad/Files

Stacks of Fraser and Neave (F&N) products are on display at its factory in Pulau Indah outside Kuala Lumpur in this December 4, 2012 file photo. REUTERS/Bazuki Muhammad/Files
Close
2 / 4
A logo of Fraser and Neave Limited is pictured at its office building in Singapore January 21, 2013. Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close.REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS LOGO)

A logo of Fraser and Neave Limited is pictured at its office building in Singapore January 21, 2013. Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by Indonesian tycoon...more

A logo of Fraser and Neave Limited is pictured at its office building in Singapore January 21, 2013. Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close.REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS LOGO)
Close
3 / 4
Thai Beverage's Chairman Charoen Sirivadhanabhakdi speaks during a news conference at the Singapore Exchange in Singapore in this May 30, 2006 file photo. REUTERS/Tim Chong/Files

Thai Beverage's Chairman Charoen Sirivadhanabhakdi speaks during a news conference at the Singapore Exchange in Singapore in this May 30, 2006 file photo. REUTERS/Tim Chong/Files

Thai Beverage's Chairman Charoen Sirivadhanabhakdi speaks during a news conference at the Singapore Exchange in Singapore in this May 30, 2006 file photo. REUTERS/Tim Chong/Files
Close
4 / 4

Next Slideshows

Essilor announces Colombia, Turkey and China deals

PARIS (Reuters) - Essilor International , the world's largest maker of corrective lenses, said it had struck deals in several fast-growing markets as part of...

Jan 22 2013

UAE's Gulftainer to buy stake in Russia's Ust-Luga port-report

MOSCOW (Reuters) - Gulftainer Co Ltd, the United Arab Emirates' second-largest port operator, is close to acquiring a 25 percent stake in Russia's Baltic port...

Jan 22 2013

Thai billionaire Charoen builds empire with F&N takeover

BANGKOK (Reuters) - For self-made Thai billionaire Charoen Sirivadhanabhakdi, the takeover of Singapore's Fraser and Neave Ltd (F&N) will add legions of assets...

Jan 22 2013

Fraser And Neave falls after Thai billionaire wins control

SINGAPORE (Reuters) - Shares of Fraser and Neave Ltd (F&N) fell 2 percent on Tuesday after a group led by a Thai billionaire won the takeover battle for the...

Jan 21 2013

MORE IN PICTURES

Marking the Epiphany

Marking the Epiphany

Orthodox Christians celebrate Epiphany by immersing themselves in waters.

Venezuela's empty shelves

Venezuela's empty shelves

Despite hours in lines, Venezuelans increasingly find groceries have run out before they can buy them.

Today in Sports

Today in Sports

Our top sports photography of the day.

Surfing giant waves in Portugal

Surfing giant waves in Portugal

The Praia do Norte beach has become a destination for big wave surfers since Hawaiian surfer Garrett McNamara set a world record there for the largest wave surfed in 2011.

Trump's first year in office

Trump's first year in office

Images from the first year of Donald Trump's presidency.

Photos of the week

Photos of the week

Our top photos from the past week.

North Korea's eclectic architecture

North Korea's eclectic architecture

Futuristic skyscrapers meet socialist monuments in the reclusive state.

Best of Australian Open

Best of Australian Open

Highlights from the tennis tournament in Melbourne.

Pope visits Chile and Peru

Pope visits Chile and Peru

Pope Francis arrived in Chile, the first stop in a trip that includes Peru, as he hopes to inject new confidence in two staunchly Catholic countries where the Church's credibility has been severely damaged by sexual abuse scandals.

Trending Collections

Pictures

Podcast