Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal… When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a clause that, for a period of two years after the APB deal is completed, F&N will not make, distribute or sell brewery products and brewery-related products in Singapore, Cambodia, Papua New Guinea and Vietnam… For Heineken’s part, it agreed not to make, distribute or sell soft drinks in Singapore, Papua New Guinea, Cambodia and Vietnam for two years….
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
