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SABMiller to bid for minority stake in Chongqing Brewery

SABMiller Plc, the world's second-largest brewer, plans to bid for a 12.25% stake in Chongqing Brewery Co<600132>, which is currently 17.46%-owned by Carlsberg Group, the Economic Observer reported on Friday, citing unnamed sources familiar with the matter as saying. On Wednesday, Chongqing Beer (Group) Co, the largest shareholder of Chongqing Brewery, said that it plans to sell 59.30 million shares, or a 12.25% stake, in Chongqing Brewery, adding that domestic and overseas bidders should submit bidding documents within in ten working days after the announcement.

written on 20.04.2010 um 19:35.


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