Reuters UK, 19 Dec 2008, Neil Chatterjee
SINGAPORE, Dec 19 (Reuters) - Singapore conglomerate Fraser and Neave (FRNM.SI: Quote, Profile, Research) said on Friday it had decided not to proceed with a sale of its print and publishing business because of adverse market conditions.
It said in a statement market conditions meant potential purchasers encountered difficulties securing funding, amid a credit crisis that has dampened deal making globally.
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