SG Dealbook: F&N to up stake in Vinamilk; Breadtalk-Food Junction merger update

SG Dealbook: F&N to up stake in Vinamilk; Breadtalk-Food Junction merger update

Vinamilk products are displayed for sale at a Vinamilk shop in Hanoi, Vietnam May 16, 2016. REUTERS/Kham

Singapore-listed Fraser & Neave (F&N) is proposing to acquire an additional 17.41 million shares of Vietnam-based Vietnam dairy producer, Vinamilk, while the Competition & Consumer Commission of Singapore (CCCS) is now seeking public consultation on the proposed merger between Breadtalk’s food court business and its peer, Food Junction.

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