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October 19, 2012
06:15 EDTKNBWY, HINKYOUE, Kirin in counterbid talks for Fraser and Neave, Reuters reports
Overseas Union Enterprise, backed by Indonesia's Lippo Group, today said it's seeking partners for a potential takeover bid for Fraser and Neave, reports Reuters. Kirin Holdings Co. (KNBWY) is one of the companies involved in the preliminary discussions, sources say. The battle for F&N's businesses is now about the group's property portfolio, worth over $6.56B. Last month, F&N agreed to sell its approximate 40% stake in Tiger beer maker Asia Pacific Breweries to Heineken (HINKY). Reference Link
News For KNBWY;HINKY From The Last 14 Days
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September 15, 2014
07:40 EDTHINKYAnheuser-Busch InBev volatility expected to move on consolidation report
Anheuser-Busch InBev (BUD) volatility is expected to move on sources say that SABMiller (SBMRY) has approached Heineken (HINKY) about an offer for the brewer to help defend itself against a possible takeover attempt by Anheuser-Busch, says Bloomberg. Overall option implied volatility of 18 is near its 26-week average of 19 according to Track Data, suggesting non-directional price movement.
September 14, 2014
15:55 EDTHINKYSABMiller said to approach Heinenken with offer, Bloomberg says
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