date:Jul 21, 2012
Analysts and industry insiders now wait to see whether the players that prompted Heinekens S$5.1bn ($4.06bn) bid ThaiBev's offer for a 22% stake in FN, and a related company bidding for an 8.5% stake in APB, the brewer of Tiger Beer, itself - will react, after their two-pronged S$3.8bn move.
Dutch giant Heineken (2011 turnover: 17.1bn) announced the terms of a massive bid to seize control of APB this morning, at a price of S$50 per share, and said that if the conditions for the offer were sa