MEHL accepts US$560m valuation of F&N’s stake in Myanmar Brewery

SINGAPORE: The Myanma Economic Holdings (MEHL) has accepted the US$560 million (S$776 million) valuation of Fraser & Neave’s (F&N) 55 per cent stake in Myanmar Brewery, the Singapore-listed company said on Wednesday (Aug 5). In a filing on the Singapore Exchange, F&N said its Myanmar partner in the brewery confirmed the sale at that price, […]