Asia Digest: FTC seeks to stop Meta from acquiring Within; ThaiBev may not proceed with spinoff listing of BeerCo

Asia Digest: FTC seeks to stop Meta from acquiring Within; ThaiBev may not proceed with spinoff listing of BeerCo

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The United States’ Federal Trade Commission (FTC) announced it is seeking to block virtual reality giant Meta from acquiring Within Unlimited, a VR firm backed by Temasek while Thai Beverage (ThaiBev) may decide not to proceed with its proposed spinoff listing of brewery unit BeerCo on the Singapore Exchange if the board deems it not in the interests of the shareholders of ThaiBev.