Saturday, 21 July 2012 15:00

Heineken Offers to Buy Asian Brewer for $6 Billion

Written by  Christine Hsu
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Authors: Christine Hsu

Heineken Offers to Buy Asian Brewer for $6 BillionHemera/Thinkstock(NEW YORK) -- Heineken, the world’s third biggest brewer, bid $6 billion for complete control of Asia Pacific Breweries Ltd., according to Bloomberg.
Although Heineken owns 42 percent of APB, they would like to buy out Fraser and Neave Ltd., who own the other large percentage of the company at a 40 percent stake.
Further negotiations of the business proposal will be discussed between the two interested parties before any official statement will be release about the buyout.
Copyright 2012 ABC News Radio

Read more http://abcnewsradioonline.com/business-news/heineken-offers-to-buy-asian-brewer-for-6-billion.html





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