SINGAPORE (Jan 20): Religare Institutional Research has upgraded its recommendation on beer and beverage maker Thai Beverage to a "buy" from a "sell" on the back of the company’s potential acquisition of European beer brands Peroni and Grolsch.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe