News

CHINA: Anheuser-Busch InBev silent on Kingstar deal talk

Most popular

The beer category in 2018 - Review

The beer category in 2019 - just-drinks predicts

Is craft spirits approaching a reset moment?

'Healthy alcohol - the trend to watch in 2019?

MORE

Anheuser-Busch InBev has declined to comment on speculation that it has held talks with China's Kingstar Beer Group, with a view to taking a minority stake in the company.

Chinese news publication SinoCast said this week that Kingstar might hand a stake in its business of up to 30% to A-B InBev. It cited no sources. According to the publication, Kingstar has restructured its ownership, via a CNY600m (US$94.5m) buyout by chairman group Zhang Tieshan.

Kingsar, based in Henan, province is one of China's largest remaining independent brewers. A spokesperson for A-B InBev declined to comment on the speculation when contacted by just-drinks today (3 November).


Related Content

Anheuser-Busch InBev lifts lid on alleged price-fixing cartel in India - report

Anheuser-Busch InBev lifts lid on alleged price-fixing cartel in India - report...

Anheuser-Busch InBev Q1 2018 results - Preview

Anheuser-Busch InBev Q1 2018 results - Preview...

Premium allure tempts Sapporo back to China with Anheuser-Busch InBev

Premium allure tempts Sapporo back to China with Anheuser-Busch InBev...

Anheuser-Busch InBev full-year 2017 results - Preview

Anheuser-Busch InBev full-year 2017 results - Preview...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?