Reuters: Global Markets: Heineken hits three-month high after APB bid

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Heineken hits three-month high after APB bid Jul 20th 2012, 07:57 Tweet Share this Email Print Related News UPDATE 4-Heineken trumps Thai offer in $4.1 bln bid for Singapore's APB 2:50am EDT Thai family offers $3 billion for OCBC stakes, putting heat on Heineken Wed, Jul 18 2012 Heineken unsettled by Thai move on Tiger Beer Tue, Jul 17 2012 RPT-UPDATE 1-OCBC receives bids for stakes in F&N, beer firm APB Mon, Jul 16 2012 Related Topics Hot Stocks » Asian Markets » A bottle of Heineken beer is seen in ice in Singapore May 10, 2012. Credit: Reuters/Matthew Lee (SINGAPORE - Tags: BUSINESS) BRUSSELS | Fri Jul 20, 2012 3:57am EDT BRUSSELS (Reuters) - Shares in Dutch brewer Heineken (HEIN.AS) opened down, but then rose to a three-month high in early trading as the market tried to digest its offer for Asia Pacific Breweries (APBB.SI). Traders said the market was torn between nervousness about the prospect of Heineken's debt level rising, and the attractive possibility that it could take full ownership of a fast-growing emerging market business. The shares touched a three-month high of 43.905 euros, a gain of 2.1 percent, making them among the strongest gainers in the FTSEurofirst 300 index of leading European stocks. .FTEU3. (Reporting By Philip Blenkinsop) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Comments (0) This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions