The QSR of Asia

Broker's Calls

KFC acquisition may attract uncertainties for ThaiBev: DBS

SINGAPORE (Aug 11): DBS Vickers Securities is maintaining its “buy” rating on Thai Beverage (ThaiBev) with an unchanged price target of $1.07.
From Bloomberg

M&A

Thai Beverage to acquire KFC stores in Thailand for $462 mil

SINGAPORE (Aug 8): Thai Beverage says subsidiary, The QSR of Asia, has agreed to acquire more than 240 existing KFC stores as well as a number of developing KFC stores from Yum Restaurants International (Thailand).
×