You are here

F&N injects fresh capital totalling S$115m, provides guarantees of up to US$272m to fund its Starbucks Thailand purchase

It ties up with Maxim's to acquire and grow the coffee chain's "fast-expanding" footprint of 372 stores in Thailand


FRASER and Neave (F&N) has made two capital injections totalling some S$114.8 million and provided guarantees of up to US$272.4 million, to facilitate its acquisition of Starbucks Thailand, which is expected to be completed by the end of May.

The mainboard-listed...

Market voices on: