Home / Asia Pacific / China Resources Beer plans US$1.2 billion rights issue to fund stake purchase

China Resources Beer plans US$1.2 billion rights issue to fund stake purchase

China Resources Beer (Holdings) Co Ltd said on Wednesday it plans to raise HKUS$9.51 billion (US$1.2 billion) via a rights issue to fund the purchase of SABMiller’s stake in their joint venture as well as expansion plans.
Source: Asia Pacific

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