Japan’s Asahi Group Holdings is set to bid $4.87bn for SABMiller’s Eastern European beer operations in the Czech Republic, Poland, Hungary, Slovakia and Romania, according to reports.
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s stake in China Resources Snow Breweries (CR Snow), the company behind the Snow beer brand, to China Resources Beer.
Harbin, the leading Chinese brewery, has advised shareholders to
resist SABMiller's takeover bid for the company. The bid was
influenced by Ancheuser-Busch's 29 per cent acquisition of the
company earlier in the week. SABMiller...