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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
