Heineken completes APB stake purchase from F&N

BRUSSELS Thu Nov 15, 2012 4:17am EST

BRUSSELS (Reuters) - Dutch brewer Heineken (HEIN.AS) said on Thursday it had completed its purchase of Fraser and Neave's (FRNM.SI) direct and indirect stakes of Asia Pacific Breweries APBB.SI 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)