date:Aug 06, 2018
w CR Beer to leverage Heinekens global distribution channels to support and accelerate the international growth of CR Beers Snow brand and its other Chinese brands, as well as to govern the use of other premium brands owned by Heineken which may be licensed to CR Beer in China.
Upon completion, Heinekens pro-forma net debt/earnings before interest, taxation, depreciation and amortisation (EBITDA) ratio is expected to slightly exceed the target of 2.5 times.
Heineken remains committed to return