Heineken is understood to be on the verge of a c£2bn acquisition of Asia Pacific Breweries (APB), brewer of Tiger beer. Yesterday the Dutch brewer agreed to buy the 8.6% stake in the firm owned by Kindest Place Groups (KPG). The offer represents an price of £26.65 per share. The sale will happen no later than 1 October, Heineken said in a statement. It represents the latest step by the Dutch company to take over APB. On Wednesday morning Thai Beverage PLC and TCC Assets, both owned by billionaire Charoen Sirivadhanabhakdi, agreed to support the sale of Fraser and Neave’s (F&N) stake in APB to Heineken in return for the Dutch company agreeing not to make an offer for shares in F&N. F&N shareholders are set to vote on whether to sell its 40% stake in APB at an extraordinary general meeting on 28 September. Its board has already given its support to the deal.