Interbrew buys Zhejiang Shiliang Brewery

Battle for China''s beer market continues to bubble as Interbrew snaps up Zhejiang Shiliang Brewery

Interbrew announced today (Tuesday) that it has acquired a 70% controlling interest in Zhejiang Shiliang Brewery Company located in the wealthy coastal province of Zhejiang. ING acted as the financial advisor to Interbrew in the $53.2 million transaction.

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