Tuesday, July 27, 2010

Temasek Holdings Sold Fraser Neave F&N Stake To Japan's Kirin

Temasek Holdings has sold its whole 14.7 per cent stake in Fraser & Neave (F&N) for S$6.50 per share, a total of S$1.34 billion to Kirin Holdings.

Temasek said it considers Kirin as a long-term value adding shareholder for F&N. F&N business spreads foodand beverage, real estate and brewery with strong network in Singapore, Thailand and Malaysia.

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Tags: temasek holdings, temasek holdings latest, temasek holdings news, temasek holdings shares, temasek holdings kirin, temasek holdings f&n, temasek holdings fraser, temasek holdings neave, kirin holdings japan, kirin fraser, f&n acquisition

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