Reuters - Heineken Wins Control of Tiger

Heineken NV won full control of the maker of Tiger beer in a S$7.9 billion ($6.4 billion) deal on Friday, ending a two-month battle aimed at strengthening the Dutch brewer's position in fast-growing Asian beer markets, Reuters reported. Shareholders of Singapore conglomerate Fraser and Neave Ltd. backed the sale of their stake in Asia Pacific Breweries to the world's third largest brewer. Their vote ended the battle between Heineken and companies linked to Thai billionaire Charoen Sirivadhanabhakdi for control of APB, which operates 30 breweries across 14 countries from Mongolia to New Zealand, Reuters wrote.

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