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Briefs: ThaiBev share swap values FPL at $1.89 per FPL share; Allianz offers $40.58 per Income share

The Edge Singapore
The Edge Singapore • 9 min read
Briefs: ThaiBev share swap values FPL at $1.89 per FPL share; Allianz offers $40.58 per Income share
Chang Beer, one of the brands under ThaiBev. Photo: The Edge Singapore
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"Its path for September is pretty clear… I think there’s a good chance they could do one more cut in December" –— Robert Kaplan, who left the Fed in October 2021 and is now vice chairman at Goldman Sachs Group Inc, on Fed rate cuts

​​ThaiBev share swap values FPL at $1.89 per FPL share 

Thai Beverage Public Company (ThaiBev), through its indirect wholly-owned subsidiary InterBev Investment (IBIL), has proposed a share swap with TCC Assets. The proposed share swap will involve no cash outlay from IBIL or ThaiBev. 

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