APBL launches Multi Bintang tender offer

Asia Pacific Breweries Ltd (APBL) kicks off the tender offer on 27.47% shares of PT Multi Bintang Indonesia (MLBI) Tbk at Rp161,741 per share.

APBL has just accomplished the acquisition of 68.5% shares of MLBI for Rp2.335 trillion or Rp161,741 per share on February 10, 2010. The tender offer will not include shares attached to depository receipts representing 4% of MLBI.

The tender offer period will be for a maximum period of 30 calendar days, which is tentatively scheduled to commence on March 5, 2010 and will end on April 1st, 2010.

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