The Thai billionaire Charoen Sirivadhanabhakdi has given the go-ahead for Heineken to complete the purchase of Asia Pacific Breweries.

The deal for Asia Pacific Breweries is now expected to go ahead with Heineken offering $4.6 billion for Sirivadhanabhakdi owned Fraser and Neave’s shares in the company.

The announcement saw Heineken's shares jump by as much as 5.4%.