SINGAPORE: Shares of food and property conglomerate, Fraser & Neave (F&N) were under pressure on Thursday - falling to S$8.89. That is just one cent above a takeover offer price by Thai billionaire Charoen Sirivadhanabhakdi.
Some market watchers said this suggests that investors may not be expecting a sweetened offer from the Thai tycoon.
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1230844/1/.html
Some market watchers said this suggests that investors may not be expecting a sweetened offer from the Thai tycoon.
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1230844/1/.html