ThaiBev to bid for F&N at $8.88?

Woots, now that the Thais of ThaiBev have brought their holdings in F&N to 29% — just a whisker from the 30% threshold when they would have to make a general offer — I wonder would they just sail over the limit?

And when they have to bid, would they bid at $8.88 (the highest price they are known to have paid)? Or higher?

Haha, don’t think they would be fighting against the sale of APB. Rather IMHO they want to unlock the cash hoard in F&N to finance its own takeover! And pass control to ThaiBev!

Neat! Thai boxing at its best!

Advertisements

One thought on “ThaiBev to bid for F&N at $8.88?

  1. Pingback: Thais bid for F&N at $8.88: you read it here 1st | FOOD fuels me to talk…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s