date:Aug 03, 2012
July 18 to up its stake in FN to 22%, while a company affiliated to its owner bought 9% of APB.
APB operates 24 breweries in 14 counties across Southeast Asia, and produces and sells over 40 beer brands including Anchor, Tiger, Bintang and Heineken itself.
Fraser Neave chases higher price?
We asked Ng Kian Teck, lead analyst at Singapore-based SIAS research what he thought would happen by the deadline. Would FN simply accept Heinekens S$50 p/share offer, or hold out for more money?
FN will