Heineken in $5.1bn takeover of Tiger beer maker03/08/2012 - 14:33:36
Dutch beer giant Heineken has reached a deal to acquire Tiger beer maker Asia Pacific Breweries (APB) for $5.1bn (€4.14bn).
Heineken, which also owns the Cruzcampo, Sagres and Newcastle Brown Ale brands, has offered $50 (€40.66) a share for APB in deal which is subject to shareholder and regulatory approval.
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