Friday, September 28, 2012, 3:54 AM
Heineken (HINKY.PK) wins full control of Asia Pacific Breweries, in which it already owns 55.64%, after Fraser & Neave shareholders vote to sell its 39.7% in APB to the Dutch brewer for about $6.3B. The vote ends a two-month drama in which Thai billionaire Charoen Sirivadhanabhakdi threatened Heineken's plans.
Thursday, September 13, 2012, 5:31 AM
Thai billionaire Charoen Sirivadhanabhakdi offers S$9B ($7.3B) to acquire the 70% of Singapore's Fraser & Neave he doesn't control in what may be an attempt to prevent Heineken (HINKY.PK) from acquiring F&N's 40% stake in Asia Pacific Breweries for $4.4B. Coca-Cola's (KO) may well be watching with interest, as it's reportedly interested in F&N's beverages operations.
Thursday, August 2, 2012, 3:57 AM
Coca-Cola (KO) is reportedly considering a bid for the beverage ops of Singapore’s Fraser & Neave, which include F&N’s dairy and soft-drinks divisions and could be worth up to $3B. The speculation comes as a battle between Heineken and Thai billionaire Charoen Sirivadhanabhakdi for Asia Pacific Breweries, in which F&N owns 40%, nears a climax, with F&N set to decide on a $4.1B bid from Heineken for its holding.
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