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HomeFillingHeineken offers to buy out F&N in APB joint venture

Heineken offers to buy out F&N in APB joint venture

Heineken has offered to buy the share of the Singapore-based Asia Pacific Breweries joint venture that it does not own from its partner Fraser & Neave for S$5.1 billion (US$4.1bn). In addition, Heineken has offered S$163 million for F&N’s interest in the non-APB assets held by Asia Pacific Investment Private Limited, a 50/50 joint venture…

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