CR Beer in talks to acquire Heineken's China business for over $1b

CR Beer in talks to acquire Heineken's China business for over $1b

Photo: Heineken website

China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than $1 billion, as the country’s largest brewer seeks new growth from premium brands, five people close to the discussions said.

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