, Singapore

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.

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