date:Aug 09, 2012
hand again. I'd say FN will look for something more.
Paying through the nose?
Heineken was caught between a rock and a hard place, the analyst added:APB is a good asset, but you're already paying more than AB InBev paid for Grupo Modelo. If you look at prices over the last decade, probably around x12 EBITDA is what you should be paying. Now we're in the high teens.
Owned by the son-in-law of Thailand's second-richest man, Chareon Sirivadhanabhakdi, KPG currently holds an 8.6% stake in APB; S