OTC:ASBRY

Fosun to Acquire 17.99% in Tsingtao Brewery for HK$6.6bn

* Tsingtao is a leading brewery in China, the largest brewery market in the world * Fosun acquires 243m shares for HKD27.22 per share from Asahi Group * Fosun becomes 2nd largest shareholder * Tsingtao will leverage the consumption upgrade trend and take a leading role in the brewery...

2017-12-20 19:57 2333