Heineken's acquisition of Asia Pacific breweries: Accounting for business combinations and ownership interests

• Main Authors: TAN, Pearl Hock Neo, LIM, Chu Yeong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: Business Combinations; Goodwill; Control; Change in Ownership Interests; International Financial Reporting Standards (IFRS); IFRS 3; Accounting; Asian Studies; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1692; https://ink.library.smu.edu.sg/context/soa_research/article/2719/viewcontent/Heineken_pv.pdf
• Institution: Singapore Management University

On July 20, 2012, Heineken, a Dutch brewery offered S$5.125 billion (Singapore dollars; approximately US$4.1 billion) to buy Asia Pacific Breweries Ltd (APB; formerly, Malayan Breweries Limited) from its Singapore-based joint venture partner, Fraser and Neave, Limited. (F&N). At that point, Hein...