Mergers and Acquisitions Recap: Heineken WANTS Tiger Beer, WesBanco ACQUIRES Fidelity
Heineken Nv Adr (HINKY.PK) is bidding as much as $6 billion for 100 percent control of Asia Pacific Breweries (APBRY.PK), in order to prevent Thai Beverage billionaire Charoen Sirivadhanabhakdi from acquiring the vital emerging-market asset. Heineken currently owns 42 percent of Asia Pacific, the maker of Tiger Beer, and intends to attempt the purchase of the outstanding shares in the company which is based in Singapore.
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