F&N Hospitality Assets

F&N Hospitality Assets: Speculation a bidding war might emerge for F&N's hospitality assets is "a non-starter," analyst says. Note that it's too early to speculate and we have to wait for the (Thai group's) offer to finish. Ascott CEO Chong Kee Hiong told Dow Jones in an interview the world's largest serviced-apartment operator is studying F&N's hospitality assets, but has no current plans to bid. What it means, really, is that clearly if they wanted to break up the company, then a lot of people are interested.