F&N takeover saga reaches mostly happy ending
The bid battle for the Singaporean conglomerate ended without fireworks. Even so, the $11.2 bln valuation leaves investors with a 40 pct return over seven months, and loser OUE with a $41 mln break fee. The pressure is now on the victorious Thai bidder to prove the numbers work.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.