Thai Billionaire Ups Ante For F&N To $11B
The SG$9.55-per-share bid from TCC Assets Ltd., one of several companies controlled by Thai mogul Charoen Sirivadhanabhakdi and his relatives, edges out a competing offer from hedge fund-backed real estate developer Overseas Union Enterprise Ltd.
In November, OUE Baytown Pte. Ltd. floated an SG$9.08...
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