Tiger time: the billionaire, the brewer, and a battle for the bottle

As a two-month battle with Heineken for control of Tiger beer risked turning ugly, Thai billionaire Charoen Sirivadhanabhakdi telephoned Lee Hsien Yang, chairman of Singapore conglomerate Fraser and Neave (F&N), the brewer’s co-owner.

After speaking to Lee, the younger brother of Singapore’s prime minister, on Sept. 12, Charoen called Heineken to offer a truce: his companies would accept the Dutch group’s US$6.3 billion bid to buy F&N and other shareholders out of Tiger beer maker Asia Pacific Breweries (APB).

via Business feed http://www.scmp.com/business/companies/article/1049319/tiger-time-billionaire-brewer-and-battle-bottle