Breaking News, World News and Taiwan News.

Heineken claws deal to purchase Tiger Beer for over US$6 billion

AMSTERDAM -- Heineken NV says it has sealed a deal giving it control over the Tiger beer brand, paying 4.7 billion euros (US$6.1 billion) to significantly expand its presence in Asia.

Shareholders of Singapore-based drinks conglomerate Fraser & Neave agreed Friday to sell its 39.7-percent stake in Asian Pacific Breweries, the owner of the Tiger brand, to Heineken. After Friday's deal, Heineken controls 95 percent of APB.

 

 

 

 

 

 

 

 

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search