Heineken NV launched a S$5.1 billion ($4.1 billion) bid to take control of Asia Pacific Breweries Ltd., seeking to push out a Thai billionaire and would-be partner and setting up a battle for the maker of Tiger Beer. The fight for APB comes amid a wave of industry consolidation and steady growth in emerging-market beer sales, although APB’s ownership structure makes this among the most complicated assets to buy, Reuters writes.
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