“We still hope to jointly operate Asia Pacific Breweries with Heineken Group. If we get the shares of Asia Pacific Breweries from Frasers Group, we are willing to continue to maintain the 80-year cooperative relationship between Heineken Group and Tiger Beer based on the principle of win-win cooperation.

.”

"We will also give our utmost sincerity to Frasers Group. There is only one reason. Singapore is a country with unlimited possibilities and great prospects. Our New Era Group has always wanted to strengthen investment here. I love Singapore!"

Faced with Lin Wenjie's overtures, the Singaporean media quickly gave high praise. Since they are all Chinese, everyone naturally hopes that the world's richest family will come to Singapore to invest more.

...

Here, Frasers Group will soon give Heineken Group a deadline, otherwise it will vote on New Era Group's offer for Asia Pacific Breweries on August 22.

Needless to say, faced with such a high offer, it is almost impossible for the shareholders of Frasers Group to refuse. Because once this resolution is passed, everyone will soon be able to get a sum of money, and then slowly transfer Frasers Group

Sell ​​for a high price.

Heineken Group.

Joe Brown's face was ashen and he said angrily: "Shit! Damn it!"

He could see that if he made an offer again, New Era Group would also make an offer. If this continued, Heineken Group simply could not afford it.

Heineken Group's profit last year was 1.4 billion euros (US$1.9 billion). It would be strange if the board of directors would agree to spend several years' profits at once.

One executive suggested: "Why don't we go to the Singapore court and try to stop Times & Newcastle Beer Group from stealing our technology!"

This is a delaying tactic with little hope of success, but it is also Heineken's last ditch effort.

.......

In late August, Frasers Group finally passed a decision to sell its 39.7% stake in Asia Pacific Breweries to Times & Newcastle Beer Group for a price of US$5 billion.

At the same time, Times & Newcastle Beer Group announced that its shareholding in Asia Pacific Breweries has reached 51% and it is willing to fully acquire Asia Pacific Breweries.

At this time, although the Heineken Group is still wrangling in the law, it is obvious that Singaporean legal professionals are generally not optimistic about their demands.

This is business, this is the cruelty of the capital world!

The value of Asia Pacific Brewery originally included those technologies; but now that Times & Newcastle Beer Group has acquired 51% of the shares and has become a major shareholder, it is logical to take over Asia Pacific Brewery.

The dual-line acquisition did not panic New Era Group. The team of Era & Newcastle Beer Group began to station in Asia Pacific Brewery and continued negotiations with Heineken Group.

On the other hand, because New Era Group’s shareholding in Frasers Group has reached 30%, at the end of August, it officially issued a comprehensive acquisition announcement: it will fully acquire Frasers Group at a price of 9.55 Singapore dollars per share, involving 13.75 billion yuan.

Singapore dollar (US$11.2 billion).

Analysts believe that Frasers Group's reasonable valuation ranges from S$8.58 to S$11.56, with the average value close to S$10.

Of course, this price is the price after dividends from the sale of Asia Pacific Brewery. According to the agreement, New Era Group can distribute dividends of US$1.5 billion (accounting for 30% of the shares).

.......

Thai wine.

After Su Xuming heard the price of New Times today, he was stunned.

"The first quotation was so high. It seems that New Era Group is determined to win!"

"Compared to the Hong Kong consortium, our Thai consortium is still not good enough, not to mention that New Era Group is a global consortium."
Chapter completed!