Guangdong Brewery courts investors

Guangdong Brewery said that it was in talks with the world's five largest brewing groups with the aim of selling a 21 percent stake in the Chinese brewery.
Heineken of the Netherlands, Denmark's Carlsberg and US-based Anheuser-Busch are tipped to be leading contenders for the stake.

Guangdong Brewery was conducting investment discussions with a brewery it did not name on the basis that the buyer pay US$0.24 per share in cash for existing shares and new shares adding up to 21 percent of the enlarged issued share capital of the company.