History
In 1931, Fraser & Neave formed a joint venture with Holland’s Heineken to venture into the brewing business. The brewery, Malayan Breweries Limited produced Tiger Beer, and later acquired Archipelago Brewery, which produced Anchor Beer.
In 1990, Malayan Breweries changed to its present name, Asia Pacific Breweries.
In 2004, APB acquired 90% of DB Breweries.
In 2010, APB acquired PT Multi Bintang Indonesia from Heineken International BV
On August 2012, Fraser & Neave has accepted an offer from Heineken to acquire its stake in APB for US$4.1 billion. Shareholders approved the deal during the extraordinary general meeting held on September 28, 2012.
Read more about this topic: Asia Pacific Breweries
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