China Resources Beer

Heineken
Aug 3 '18 15:20

Heineken bought a 40 percent stake in the China Resources Beer, the largest beer brewer in China, in a deal that cost the Dutch beer giant a total of over 1.9 billion euros. In practice the deal enables Heineken to sell its assets in China to CR Beer, and that CR Beer will sell Heineken products under its license through its widespread network, ANP reports.

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