China. NDRC Hauls in Beer Makers over Price Hikes

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The National Development and Reform Commission (NDRC), China’s top economic planner, has hauled in representatives from China’s four largest beer makers for talks over their price hikes, as it looks to tackle public concerns over soaring inflation. (more…)

China groups thirsty for Heineken asset

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By putting its Kingway Brewery stake on the block, Heineken is not just streamlining its own strategy but raising the prospect of a scramble for an asset that could accelerate consolidation in the $13bn China market. (more…)

China. A-B InBev Inks Agreement For Weixue

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Belgium-based global brewing giant Anheuser-Busch InBev (A-B InBev) has entered into an agreement for the acquisition of China-based Weixue Beer Group. (more…)

Kingway says shareholder sells stake at premium

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Kingway Brewery Holdings Ltd (0124.HK) said shareholder Heineken-APB (China) Pte Ltd had agreed to sell its entire stake in the Chinese brewer at a price representing a 62.8 percent premium to its last close. (more…)

China. Anheuser snags Henan brewer

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Anheuser-Busch InBev, the world’s largest brewer, has acquired China’s Weixue Beer Co, the second largest brewery in Henan Province, a move analysts said shows AB InBev’s clear-cut strategy for expanding its presence in the world’s largest beer market. (more…)