Korea Herald: Heineken to Buy Tiger Beer Maker for $4.1B

From the Korea Herald:

Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.

Heineken said Singapore-listed Fraser & Neave has accepted its offer to acquire its stake in Asia Pacific Breweries, adding that the F&N board has agreed to recommend the S$5.1 billion deal to shareholders.

Heineken had earlier said a takeover of APB a

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