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BRIEF-Fraser and Neave announces proposed acquisition of Penguin Random House, Penguin Books Malaysia

Jan 9 (Reuters) - Fraser and Neave Ltd :

* Times Publishing Limited entered into a conditional agreement

* Proposed acquisition of Penguin Random House Pte. Ltd. and Penguin Books Malaysia Sdn. Bhd.

* Aggregate consideration for sale shares is s$8mln Source text for Eikon: Further company coverage: