Earlier today, Anheuser Busch InBev said it has agreed to sell SABMiller’s 49% interest in China Resources Snow Breweries to China Resources Beer (CRB) for US$1.6bn. While the sale will stave off regulatory concerns in China and move AB InBev’s acquisition of SABMiller along nicely, analysts have expressed consternation at the price, with one describing it as “surprisingly low”.
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