Japan's Asahi Breweries to take 20 pct stake in Tsingtao Brewery

FARM NEWS

Asahi.

by Staff Writers
Tokyo (AFP) Jan 23, 2009
Japan's biggest beer maker Asahi Breweries said Friday it has agreed to purchase a 19.99 percent stake in China's Tsingtao Brewery.

Asahi said it will pay 666.5 million dollars to take the share in mid-March from Anheuser-Busch InBev SA of Belgium.

By tightening the "strategic partnership" with Tsingtao, Asahi said it hopes to expand in the Chinese market.

The two firms have had a joint venture since 1997 in China to produce both Asahi and Tsingtao products.

Asahi has steadily expanded its overseas operations.

Last month, it announced a plan to buy Schweppes Australia from British confectionery maker Cadbury for 810 million US dollars.

Related Links
Farming Today - Suppliers and Technology

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

SPACE TRAVEL

Melamine-tainted milk products found in Vietnam

Hanoi (AFP) Oct 3, 2008
Vietnam's food safety watchdog said Friday it had found the industrial chemical melamine in 18 milk and dairy products imported from China as well as Thailand, Malaysia and Indonesia.

ROCKET SCIENCE Race To Orbit Gets Underway At Cape With Ares-1-X Test Launch Researchers Cooking Up New Gelled Rocket Fuels Giant Rockets Could Revolutionize Astronomy Battle Of The Launches All Over Again	LAUNCH PAD Japan Launches Satellite To Track Greenhouse Gases Japan Resets H2A Launch To Jan 23 Sea Launch Selected To Launch Intelsat 17 New Skies NSS-9 Satellite Arrives In Kourou For February 12 Launch
SHUTTLE NEWS Shuttle Crew Complete Rehearsal And More For STS-119 Launch Discovery Ready To Roll Sharks Fly With Shuttle On Return Trip NASA describes final moments of Columbia tragedy	STATION NEWS Kogod Students Pioneer Branding Potential Of International Space Station Spacehab To Support Pre-Launch Preparations For Russian Module Russia Tests Phone Home To Santa Network ISS Astronauts Successfully Complete Spacewalk
SPACE TRAVEL India To Set Up Air And Space Law Centre Stepping-Stone To The Stars Russia Wants No More ISS Tourists After 2009 Virgin Galactic Offers Accreditation To Nordic Travel Agents	DRAGON SPACE China plans own satellite navigation system by 2015: state media Fengyun-3A Weather Satellite Begins Weather Monitoring Shenzhou-7 Monitor Satellite Finishes Mission After 100 Days In Space China Launches Third Fengyun-2 Series Weather Satellite
ROBO SPACE AF Officials Look At Robots For Aircraft Ground Refueling Japan researchers unveil robot suit for farmers Will GI Roboman Replace GI Joe Marshall Sponsors Four Student Teams In FIRST Robotics Competitions	MARSDAILY Mars polar water is pure: study Satellite Antenna Enables Discovery Of Buried Glaciers On Mars ISRO Processes Propellant Booster For Mars Program Dead Or Alive Mars Pumps Methane

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement