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F&N bondholders' 'no' vote puts spanner in property unit spin-off
Published Fri, Nov 15, 2013 · 10:00 PM
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Singapore
FRASER & Neave (F&N) bondholders' Thursday vote against an amendment of its bond terms has put a spanner in the works of the conglomerate's bid to spin off its property unit, with no quick and easy solution in sight.
"It's a difficult one," said a seasoned F&N analyst, noting that even as F&N shareh…
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