Fraser and Neave could decide Asia Pacific Breweries’ fate soon (video)
On Thursday, people familiar with the situation said Japanese beer company Kirin Holdings Co., which has a 15% stake in Fraser and Neave, is considering a bid for the Singapore company’s soft-drinks and dairy assets. If Heineken and Kirin are successful, that would leave F&N with just publishing and property assets.
The two companies are vying for F&N’s stake in Asia Pacific Breweries, maker of Tiger Beer.
via Wall Street Journal.
