Heineken Beer Dept: SINGAPORE - Heineken said Friday it is offering $4.1 billion to buy out its partner in the Singapore-based maker of Tiger beer, attempting to neutralize a Thai tycoon's competing bid for influence over the brand as the Dutch brewer expands in emerging markets, according to Winnipeg Free Press. The offer is worth S$5.1 billion $4.1 billion and would give Heineken about an 82 per cent stake in APB. If the offer is accepted, Heineken would spend a further S$2.4 billion to buy out the minority shareholders in APB and fILE - In this March 28, 2012 file photo, a truck driver delivers Heineken beer and other drinks in New York. Heineken, a Dutch brewing company based in Amsterdam, said Friday, July 20, it is offering $4.1 billion to buy out its partner in the Singapore-based maker of Tiger beer, attempting to neutralize a Thai tycoon's competing bid for influence over the brand as the Dutch brewer expands in emerging markets. AP Photo/Mark Lennihan, File Heineken said it has made a proposal to the board of Fraser & Neave Ltd., which shares ownership of the Tiger beer brewer Asia Pacific Breweries Ltd. with Heineken, to pay 50 Singapore dollars $40 a share for F&N's nearly 40 per cent stake.
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