Thai Billionaire Charoen Wins Control in Bid for Fraser & Neave

Thai Billionaire Charoen Wins Control in Bid for Fraser & Neave

Munshi Ahmed/Bloomberg

Bottles of Fraser & Neave Ltd.'s F&N sparkling drinks are arranged for a photograph. The deal gives Thai billionaire Charoen Sirivadhanabhakdi control over a company that has assets from soft drinks to serviced apartments across Southeast Asia.