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The Business Matrix: Friday 14 September 2012
www.independent.co.uk
[The Independent] - The battle for Tiger beer stepped up a gear as Thai Beverage made a $7.2bn (£4.5bn) offer for drinks conglomerate Fraser & Neave, part-owner of Asia Pacific Breweries. This countered an earlier offer from Heineken, which, through its 80-year
Thai billionaire shakes up beer battle with $7.1-billion bid
www.theglobeandmail.com
[Globe and Mail] - Thwarting Heineken in its attempt to snare APB would also allow him to add the Tiger beer brand, seen as a premium product, to his mass-market Chang beer sold in Thailand. It would also be a blow to Heineken, which relies on APB for distribution of its
Thai bid raises doubts about Heineken plan
au.news.yahoo.com
[Yahoo!7 News] - Thai Beverage (ThaiBev) and its partner TCC Assets offered Sg$8.7 billion to take over Singapore's Fraser and Neave (F&N), the parent of Asia-Pacific Breweries (APB), maker of Tiger Beer and other popular brands. The two firms, controlled by Thai
Thai Billionaire Bids for F&N in Hurdle for Heineken in Asia
www.sfgate.com
[San Francisco Chronicle] - Heineken countered with a bid for F&N's 40 percent stake in Tiger beer maker Asia Pacific Breweries Ltd. which the Dutch brewer already partially owns. Charoen's latest bid is ahead of a Sept. 28 meeting where F&N shareholders will vote on Heineken's
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