date:Aug 06, 2018
ts, Heineken and CRE or CR Beer (as applicable) will enter the following transactions to be completed simultaneously:
Heineken will acquire a shareholding of 40 per cent in CBL and CRE will own the other 60 per cent in CBL. The partnership will be governed by a shareholders agreement. CBL holds a controlling interest of 51.67 per cent in CR Beer, a company listed on the main board of The Stock Exchange of Hong Kong Limited, operating the beer business in China. Post completion of the transactio