Companies / India
AB Buys Out Crown To Improve Indian Footprint
June 2008 | Company News AlertUS brewing giant Anheuser-Busch (AB) has acquired the remaining 50% stake in Indian subsidiary Crown Beers India from partner Crown International for an undisclosed sum. The move will boost AB's international brewing footprint to three countries - the UK, China and India - while giving the company improved access to the world's highest growth beer market, in which BMI expects sales to increase by 70% in value terms to
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