ThaiBev In Talks To Buy OCBC And Unit's Stakes In Fraser and Neave
Thai Beverage PCL (Y92.SG) said Wednesday it is in talks with Singapore's Oversea-Chinese Banking Corp. Ltd. (O39.SG) and the bank's insurance unit to acquire their combined stake in Singapore-listed beverage group Fraser And Neave Ltd. (F99.SG) in a deal potentially worth about US$1.64 billion.
Bank Of Japan Members Favor Keeping Options Open
A few Bank of Japan members said the central bank should stand ready to take appropriate actions "without ruling out any options in advance," if euro-zone debt problems threaten financial stability in the country, according to minutes of the central bank's June meeting, released Wednesday.