Heineken completes APB stake purchase from F&N
Published on Nov 15, 2012 5:27 PM
BRUSSELS (REUTERS) - Dutch brewer Heineken said on Thursday that it had completed its purchase of Fraser and Neave's direct and indirect stakes of Asia Pacific Breweries and would proceed to a complete buyout.
Heineken said it now owns 95.3 per cent of Tiger beer maker APB and would consolidate it into its accounts this month.
It also said it would make a mandatory general offer for the remaining APB shares.