Temasek sells entire stake in Tiger Beer maker to Heineken
International Business Times, 21 Aug 2012
Singapore state investor Temasek Holdings has sold its stake of roughly 1.4 percent in Asia Pacific Breweries to Heineken , sources said on Tuesday, potentially stopping the Dutch brewer's Thai rival from blocking the takeover.
A Temasek spokeswoman confirmed that it had sold its stake in APB but did not identify the buyer. According to stock exchange data there was a married deal of 3.85 million APB shares at S$53.
Sources said this trade was between Temasek and Heineken. Full story
Related:
Singapore's Temasek sells stake in APB to Heineken: sources - Reuters India
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