PETALING JAYA: Can-One Bhd, a manufacturer of cans, has received a buyout offer for its unit, F & B Nutrition Sdn Bhd at a price of up to RM1bil.
The announcement of the offer which came from Asia Dairy Creations Sdn Bhd, a special purpose vehicle managed by Southern Capital Group Pte Ltd, stated that the company is willing to purchase F & B Nutrition’s entire share capital at an indicative consideration of between RM800mil and RM1bil.
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