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Heineken shares rise on higher bid for Tiger beer maker
AMSTERDAM (Reuters) - Shares of Heineken (HEIN.AS) rose on Monday after the Dutch brewer raised its offer for Fraser and Neave's (FRNM.SI) stake in the maker of Tiger beer to $6.35 billion.
Heineken shares rose as much as 2.3 percent and were up 2.1 percent at 44.04 euros by 7.03 British time on the Amsterdam exchange.
Late on Friday night, Heineken made a revised offer for Asia Pacific Breweries (APB) APBB.SI of 53 Singapore dollars per share.
(Reporting by Gilbert Kreijger; Editing by Sara Webb)
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