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World`s biggest brewer sells world`s biggest beer

AB InBev has agreed to sell SABMiller’s stake in China-based Snow beer, the world’s biggest-selling beer brand, to China Resources Beer for US$1.6 billion.

03/03/2016

CR Snow – which produces Snow beer – is currently run in a joint venture by SABMiller and China Resources Beer (CRB), but today’s announcement will see SAB’s 49% stake bought by the Chinese company, giving it full control.

Read more at source | DrinksBusiness 

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