ThaiBev buys Fraser and Neave stake

ThaiBev buys into Fraser and Neave

Thailand’s biggest drinks maker agrees to buy a stake in the Singapore owner of Tiger Beer for $3 billion.

Nick Ferguson

July 20, 2012

Charoen Sirivadhanabhakdi, Thailand’s second-richest person, has sealed a S$3.8 billion ($3 billion) deal to buy stakes in Singapore’s Fraser and Neave and Asia Pacific Breweries, a joint venture between Heineken and Fraser and Neave that makes Tiger Beer.

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