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Price accord ends row over Myanmar Brewery

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Published Thu, Aug 6, 2015 · 09:50 PM

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Singapore

FRASER & Neave (F&N) said on Thursday that Myanma Economic Holdings Ltd (MEHL) has agreed to buy F&N's 55 per cent stake in Myanmar Brewery Limited for US$560 million.

The value is based on the exchange rate between the Myanmar kyat and the US dollar on April 30, 2013.

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