F&N in the spotlight; possible takeover by Coca-cola will lead to M'sian industry shake-up

KUALA LUMPUR: Fraser & Neave Holdings Bhd's (F&N Malaysia) shares initially outperformed the broader market, climbing to as high at RM21.50 but eventually ended the trading day unchanged at RM20.86.

There has been speculation that F&N Malaysia would eventually be involved should US-based Coca-Cola Co launch an official takeover offer for Fraser & Neave Ltd's (F&N Singapore) beverage business.