AB InBev goes it alone in shrinking Chinese beer market

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Anheuser-Busch InBev Wednesday announced the termination of a joint venture in a Chinese brewery between SABMiller and China Resources Beer.

China Resources Beer will buy SABMiller’s stake in the Beijing-based CR Snow brewing company for $1.6 billion. The sale clears the way for the completion of AB InBev’s takeover of London-based SABMiller. (more…)

China Resources Beer gains more than 49% of China Snow

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China Resources Beer (Holdings) Co. agreed to buy out the remaining stake in its Chinese venture with SABMiller Plc for $1.6 billion, smoothing the way for a takeover of its partner by Anheuser-Busch InBev NV. The Chinese brewer’s shares jumped. (more…)

Japan. With SABMiller deal, Asahi helps rival out of a jam

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Japan’s Asahi Group Holdings said Wednesday it has agreed to acquire some operations from U.K.-based brewer SABMiller in a deal that could smooth the way for a much larger transaction between SABMiller and Belgium-based Anheuser-Busch InBev. (more…)

Russia. Beer roams the regions

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Small breweries are taking away the share of transnational companies, writes the Russian business newspaper Kommersant. (more…)

Japan. Brewer Asahi tries to make splash in big pond

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Japan’s Asahi Group Holdings is diving into Europe in hopes of instantly enlarging its presence in an ever-consolidating global beer market.

The purveyor of Super Dry has offered to buy not one but four brewers and beer distributors owned by SABMiller for a total of 2.55 billion euros ($2.85 billion), it said on Wednesday. (more…)

Japan. Asahi offers over 400bn yen for Peroni, Grolsch

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Asahi Group Holdings is offering a little over 400 billion yen ($3.48 billion) to purchase two European beer brands from SABMiller, proposing the biggest-ever overseas acquisition by a Japanese beer company. (more…)