date:Sep 21, 2012
Dutch brewer Heineken took a major step towards taking control of Asia's Tiger beer by securing acceptance from a Thai billionaire who had been viewed for weeks as a spoiling rival.
Charoen Sirivadhanabhakdi's ThaiBev and TCC Assets Ltd agreed to support the sale of Singapore conglomerate Fraser and Neave's stake in Tiger beer maker Asia Pacific Breweries Ltd to Heineken NV .
In return, the world's third-largest brewer will not make a general offer for shares in FN, according to the joint stat