Dutch brewer Heineken NV has halted talks on increasing its stake in Chinese beer maker Kingway Brewer Holdings Ltd, the Chinese company said in a statement to the Hong Kong Stock Exchange. Heineken-APB, a joint venture with Singapore's Asia-Pacific Breweries, paid US$74.6 million for a 21.4% stake in Kingway last year and had been negotiating to take over part of Guangdong Holdings' 52.6% controlling stake. In April Heineken-APB paid US$28.6 million for 40% of Jiangsu Dafuhao Beer Co Ltd.
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