TODAY'S BUSINESS HEADLINES

US home-builder confidence soars in June

Local oil firms hike pump prices anew

Korean firm to build biggest resort complex in Subic for APEC 2015

Remittances in April reach $2-B

Maynilad rates to go up, Manila Water down in July due to forex volatilities

Heineken acquires maker of Tiger beer

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BRUSSELS - Dutch brewer Heineken said on Friday that it reached an agreement with Singapore's Fraser and Neave to buy the latter's stake in Asia Pacific Breweries for a total of S$5.1 billion ($4.08 billion).

Heineken said that Fraser and Neave had recommended its shareholders accept the offer.

 

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