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Ball in ThaiBev’s court after Heineken’s side deal for minor stake in Tiger Beer maker

Singapore state investor Temasek Holdings TEM.UL has sold its stake of roughly 1.4 percent in Asia Pacific Breweries (APBB.SI) to Heineken (HEIN.AS), sources said on Tuesday, potentially stopping the Dutch brewer’s Thai rival from blocking the takeover.

via Reuters.

 

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