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F&N loses Myanmar beer case

2014-10-31 19:24:44| Beverages - Topix.net

A military-linked conglomerate in Myanmar has won an arbitration case that will allow it to buy out its Thai-controlled partner in Myanmar's biggest brewery. The ruling affects a 55% stake held in Myanmar Brewery by the Singapore-based food and beverage conglomerate Fraser & Neave Ltd , which is controlled by the Thai liquor billionaire Charoen Sirivadhanabhakdi.

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