SINGAPORE: A battle for control of Tiger Beer, 24 breweries in Asia and lucrative soft-drink brands should be decided by Friday as Fraser and Neave weighs a takeover bid by Heineken that could break up the Singapore beverage and property group.
The Dutch brewer, already a shareholder in F&N's prized unit Asia Pacific Breweries (APB), is defending its turf against Thailand's second-richest man as he seeks to expand his beer business in the fast-growing Asian market.
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