Amsterdam, 15 November 2012 – Heineken N.V. (‘HEINEKEN’) today announced that Heineken International B.V. (‘HIBV’) has completed the acquisition of Fraser and Neave, Limited’s (‘F&N’) direct and indirect interests in Asia Pacific Breweries Limited (‘APB’) and F&N’s interest in the non-APB assets held by Asia Pacific Investment Private Limited (‘APIPL’) (the ‘Transaction’).
As a result, HEINEKEN currently owns in aggregate a 95.3% stake in APB and will consolidate APB into its accounts in November 2012.
HIBV also announced that it will make a mandatory general offer (‘MGO’) for all the shares of APB that the HEINEKEN group does not already own, in accordance with the Singapore Code on Take-overs and Mergers. Further details of the MGO are provided in the MGO Announcement made today by Credit Suisse and Citi on behalf of HIBV, a copy of which is attached to this media release.