Comment on Heineken inches toward Tiger takeover

MiamiHerald.com: Business, Miami Herald: Business
Wed, 08/22/2012 - 1:48am

Heineken inches toward Tiger takeover

Heineken NV continued to inch toward a takeover of Tiger beer maker Asian Pacific Breweries on Wednesday, revealing that it has purchased a 2.68 percent stake in the company for around $290 million, even as it struggles to buy a much larger, controlling stake, from Singapore's Fraser and Neave for $4.7 billion.

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