Potential Kingway Sale To Garner Strong Acquisitional Interest

Chinese brewer Kingway Brewery is reportedly mulling a sale of all or part of its business as it struggles to generate profits amid a highly competitive environment. With hugely enticing opportunities on offer in the Chinese beer market, the sale is likely to garner massive interest from both multinational and domestic brewers such as SABMiller and Tsingtao as they seek to grow their footprint in this highly dynamic market.

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