Singapore. TCC Extends Deadline for Fraser & Neave to Jan 2

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Thai billionaire Charoen Sirivadhanabhakdi Tuesday extended again the deadline for his US$7.2 billion offer for Singapore’s Fraser & Neave Ltd. (F99.SG), which has been trumped by a bid from one of Indonesia’s richest families. (more…)

Heineken launches Offer for remaining APB Shares

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Heineken N.V. today announced that Heineken International B.V. (‘HIBV’) has launched a mandatory unconditional cash offer (the ‘Offer’) for all the 12,127,715 issued and paid-up ordinary shares in the capital of Asia Pacific Breweries Limited (‘APB’), representing approximately 4.7% of APB’s issued share capital, which are not already owned or controlled by HIBV as at the date of the Offer. (more…)

SABMiller Joins Bond Rush in Europe as Credit Markets Rally

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SABMiller Plc (SAB) raised 1 billion euros ($1.3 billion) from its first sale of bonds in the currency in three years as companies from G4S Plc (GFS) to TeliaSonera (TLSN) AB tapped into Europe’s credit-market rally. (more…)