date:Jan 31, 2013
ch brewer Heineken NV to buy out its joint venture with FN for $4.6bn.
In September 2011, Charoen, through TCC Assets, made his first bid to purchase a stake in FN for $7.2bn or S$8.88 ($7.18) per share, which was not accepted by FN.
The latest offer from Sirivadhanabhakdi is scheduled to close on 4 February 2013. Meanwhile, Kirin Holdings, which is FN's second largest stakeholder with a 14.8% equity, expects to take a decision whether to sell the stake to TCC Assets, by 3 February.