date:Sep 14, 2012
l be beneficial to them
Fair value for FN
The partners explained that,since ThaiBev did not want to incur additional debt or spend money to acquire more FN shares on its own behalf, TCC was undertaking todays offer.
ThaiBev president and CEO, Thapana Sirivadhanabhakdi, said: We believe the offer represents an opportunity for FN shareholders to realize the value of their investment in cash and to make a complete exit from FN.
We hold FN in high regard, and we believe its long-established trac