(Amsterdam, NETHERLANDS) – Heineken news just came over the wire…

Heineken N.V. (“HEINEKEN”) announces that Heineken International B.V. has entered into an agreement with Kindest Place Groups Limited (“KPG”) to acquire KPG’s 22,207,130 shares in Asia Pacific Breweries Limited (“APB”), representing 8.6% of the total issued share capital of APB, at a price of S$53.00 per APB share (“KPG Sale”). The completion of the KPG Sale shall take place by way of a married trade to be effected on the Singapore Stock Exchange at a date to be agreed, but not later than 1 October 2012.

Heineken also has an offer in for Fraser and Neave’s 40% stake in APB for US$6.3 billion which will be voted on by F&N shareholders later this month. APB’s primary asset for which companies have been clamoring recently is Tiger Beer.