Moody's mulls ThaiBev rating | Bangkok Post: business

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Moody's mulls ThaiBev rating

Thai Beverage Plc (ThaiBev) remains on course for a downgrade review, says Moody's Investors Service.

The statement comes after TCC Assets Ltd, a vehicle controlled by the main shareholder of the billionaire Sirivadhanabhakdi family, last week announced its latest bid to acquire Fraser and Neave Ltd (F&N).

ThaiBev is rated Baa2 now.

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