KFC acquisition may attract uncertainties for ThaiBev: DBS
Michelle Zhu • • 2 min read
SINGAPORE (Aug 11): DBS Vickers Securities is maintaining its “buy” rating on Thai Beverage (ThaiBev) with an unchanged price target of $1.07.
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SINGAPORE (Aug 11): DBS Vickers Securities is maintaining its “buy” rating on Thai Beverage (ThaiBev) with an unchanged price target of $1.07.
This follows yesterday’s news of the group’s acquisition of Kentucky Fried Chicken (KFC) stores in Thailand for some $462 million through its subsidiary, The QSR of Asia.
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