Heineken completes APB stake purchase from F&N

BRUSSELS Thu Nov 15, 2012 4:15am EST

BRUSSELS Nov 15 (Reuters) - Dutch brewer Heineken said on Thursday it had completed its purchase of Fraser and Neave's direct and indirect stakes of Asia Pacific Breweries and would proceed to a complete buyout.

Heineken said it now owned 95.3 percent of Tiger beer maker APB and would consolidate it into its accounts this month.

It also said it would make a mandatory general offer for the remaining APB shares. (Reporting By Philip Blenkinsop)