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Heineken just made a big bet on China's beer market

August 3, 2018 10:00 AM
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Heineken just made a big bet on China's beer market

Heineken hopes $3.1 billion will be enough to tap into a bigger share of China's huge beer market.

The Dutch brewer said Friday it is picking up a 40% stake in China Resources Beer. That company is best known as the maker of Snow, which it says is the world's top selling beer by volume.

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