SINGAPORE (AP) — Heineken has made a $4.1 billion offer to take full control of the Singapore-based maker of Tiger beer, attempting to see off a competing bid from Thailand’s biggest beverage maker.
Heineken said Friday it is offering 50 Singapore dollars a share to Fraser & Neave Ltd., which owns half of the Tiger beer maker Asia Pacific Breweries Ltd. The offer is worth S$5.1 billion ($4.1 billion) in total.
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