Categories
Consumer

Beijing Enterprises takes over breweries

Beijing Enterprises Holdings said subsidiary Beijing Yanjing Brewery said it would pay Jiangxi Gannan RMB 19.84 million for a 22.55% controlling stake in Ganzhou-based Yanjing Brewery, and the Baotou state-owned Asset Supervision Management Commission RMB 40.33 million for a 27.56% controlling stake in Baotou Yanjing Brewery.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading