AB InBev to Buy Chinese Brewery

St. LOUIS, Mo. (KMOX) — Anheuser-Busch InBev plans to buy a piece of Chinese brewer Dalian Daxue Brewery Co. from Japan’s Kirin Holdings.

According to the bizjournals.com AB InBev will buy a 25 percent stake in the brewery, but declined to disclose the purchasing price.

The move is part of InBev’s strategy to expand in to China.

Anheuser-Busch InBev (NYSE: BUD) of Belgium owns Anheuser-Busch in St. Louis.

Copyright KMOX Radio

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