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Price accord ends row over Myanmar Brewery

Fri, Aug 07, 2015 - 5:50 AM

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...

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