China Resources Said Near SAB JV Buyout for About $2 Billion

  • Deal would give co. full ownership of best-selling beer Snow
  • Agreement for 49% stake may be announced as soon as this week

China Resources Beer (Holdings) Co. is near an agreement to buy out the remaining stake in Snow beer, its Chinese brewery joint venture with SABMiller Plc, for about $2 billion, people with knowledge of the matter said. 

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