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One small step for ThaiBev, one giant leap for Heineken
date:Sep 20, 2012
n perhaps sees more value in the break-up of FN, which has seen its share price rise above the S$8.88 offer price.

Harper added that Charoen could offer Japanese rival Kirin a sweetener to support his FN bid at the September 28 EGM.

So it could be a win-win for everyone involved. Heineken gets its prized asset APB and the Thais get a good price that will help fund their FN takeover, he wrote.

Shareholders also would unlock the true value of FN via its break up (and a possible rival bids from

12/22 07:47