The German bank, HVB Group AG, is expected to sell its 55.6% stake in the German brewer, Brau und Brunnen AG, next year at the earliest, according to a report in Focus Money magazine.

The report quoted an inside source as saying there were five interested buyers but they were also looking at a possible acquisition of Holsten-Brauerei which it suggested made the completion of the sale of the Brau und Brunnen, Germany's fourth largest brewer, stake unlikely until next year.