The purchase price is approximately RMB 600m.
Chongqing Jianiang Brewery Co, Ltd was established in 2011 (for further details see Carlsberg Group company announcement from 1 August 2011). Chongqing Xinghui Investment Co, Ltd was renamed Chongqing Jianiang Brewery Co, Ltd in December 2011.
The transaction is subject to government approvals and update of the constitutional documents of Chongqing Jianiang Brewery Co, Ltd.
Source: Carlsberg
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