date:Jul 21, 2012
(2011 EBIT 962m), whereas comparative percentages for its rivals SABMiller (1%) and AB InBev (8%) are much lower.
A wholesale buyout of APB would be Heineken's first major emerging market move since it bought out Mexican firm FEMSA for $8bn in January 2010; the Dutch firm's 2011 EBIT in Southeast Asia was just176m.
The broker explained that, under the terms of the JV with FN, it was not a question of Heineken prevailing overSirivadhanabhakdi, but whether FN accepted the offer.The joint venture