date:Aug 04, 2012
FN announced this afternoon (Central European Time) that it has agreed to recommend to its shareholders that they vote in favor of the proposed transaction at a relevant extraordinary shareholders meeting (EGM), with the date to be confirmed pending the signing of sales purchase agreements.
The transaction could be worth up to S$7.6bn (US $6.1bn), where its terms comprise Heineken's S$5.263bn offer for FN's stakes in APB and FN's interest in non-APV assets held by Asia Pacific Investment Part