date:Jul 21, 2012
financial and strategic value for Heinekens shareholders.
Andrew Chow, head of research at UOB-Kay Hian in Singapore, told BeverageDaily.com:Most of us in the market were expecting something to happen, it was unlikely that the status quo would persist. But it was a bit of surprise, how swiftly Heineken moved.
A Singapore-based broker, who did not wish to be named, told this publication:Personally, I thought that Kirin would have made a move as well. But Japanese being Japanese they can be very