AB InBev plans acquisitions to boost China market share
date:Apr 09, 2013
ngway Brewery Holdings Ltd. (124)s beermaking assets last year. China Resources Snow Breweries Ltd., which SABMiller co- owns with government-backed China Resources Enterprise Ltd. (291), agreed to pay HK$6.6 billion ($850 million) for the assets on Feb. 5.

Among Chinese brewers, Tsingtao Brewery Co. gained 3 percent to HK$48.75 in Hong Kong trading; Beijing Yanjing Brewery Co. rose 1.9 percent in Shenzhen and China Resources rose 1.9 percent in Hong Kong. The Hang Seng index was little changed
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