25 Aug '12, 4am

Shareholders get $3.2 bln if Heineken offer is approved: Singapore conglomerate Fraser and Neave (F&N) said Frid...

Singapore conglomerate Fraser and Neave (F&N) said Friday it plans to distribute Sg$4.0 billion ($3.2 billion) to shareholders if an offer by Dutch firm Heineken to buy its stake in a brewery is approved. F&N shareholders are due to vote at an extraordinary general meeting (EGM) on whether they are in favour of Heineken's revised Sg$5.6 billion offer for F&N's stake in Asia Pacific Breweries (APB), the maker of Tiger Beer. A date for the EGM has yet to be set. Heineken already owns 42 percent of APB and is seeking full control of the brewery by buying over long-time partner F&N's direct and indirect stake of 40 percent as it moves to expand in the fast-growing Asian beer market. The Amsterdam-based Dutch beer giant said last week it had inked a definitive agreement with F&N's board to "irrevocably recommend" the proposed deal to shareholders. In a statement issued late Fri...

Full article: http://news.yahoo.com/shareholders-3-2-bln-heineken-offer...

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themalaysianinsider.com 24 Aug '12, 8am

SINGAPORE, Aug 24 — Shares of Fraser and Neave rose as much as 1.9 per cent today after a block trade of 2.5 per cent of t...

Heineken earnings hit overshadows Tiger bid success: SINGAPORE, Aug 22 – Higher input costs and weak European sa...

Heineken earnings hit overshadows Tiger bid suc...

themalaysianinsider.com 22 Aug '12, 1pm

SINGAPORE, Aug 22 – Higher input costs and weak European sales depressed Heineken NV’s earnings in the first six months, o...

Thai Beverage Ups Ante in Brewing Battle: Thai ...

online.wsj.com 28 Aug '12, 5pm

BY CHUN HAN WONG AND P.R. VENKAT SINGAPORE—Thai Beverage PCL again lifted its stake in Singapore's Fraser & Neave Ltd., co...

Thai Beverage Ups Ante in Brewing Battle: Thai ...

online.wsj.com 28 Aug '12, 5pm

BY CHUN HAN WONG AND P.R. VENKAT SINGAPORE—Thai Beverage PCL again lifted its stake in Singapore's Fraser & Neave Ltd., co...

ThaiBev hikes F&N stake in tussle with Heineken...

themalaysianinsider.com 29 Aug '12, 2am

SINGAPORE, Aug 29 — Thai Beverage has raised its stake in Fraser and Neave to just below the level that would trigger a ma...

Heineken Lobbies for Support on Bid: Heineken i...

online.wsj.com 17 Aug '12, 11am

SINGAPORE—Dutch brewer Heineken NV is in talks with Singapore conglomerate Fraser & Neave Ltd. about an increased offer fo...

Heineken Lobbies for Support on Bid: Heineken i...

online.wsj.com 17 Aug '12, 6am

SINGAPORE—Dutch brewer Heineken NV is in talks with Singapore conglomerate Fraser & Neave Ltd. about an increased offer fo...