:. Food Industry News

Categories: Mergers and Acquisitions

InBev to Acquire Anheuser-Busch's 27% Stake in Tsingtao Brewery of China

Source: FLEXNEWS
10/09/2008

10 September 2008 - According to recently issued US media reports, InBev has agreed to take over Anheuser-Busch's 27% stake in China's Tsingtao Brewery Co. once its USD 52 billion takeover of Anheuser-Busch is completed.

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InBev reportedly signed an agreement with A-B, Tsingtao Brewery and Tsingtao brewery's largest shareholder, Tsingtao Brewery Group Co., late last week.

Tsingtao is China's best-selling premium beer.



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