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S&N increases stake in Chinese brewery

January 3, 2006: Scottish & Newcastle is set to spend around £100 million taking its stake in the Chinese Chongqing Brewery Company to just under 20%.

The British brewery made an initial £35 million investment in CBC in 2004.

Among CBC's beers is a licensed version of McEwan's 1856.

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4Beer Today is compiled by Darren Norbury from Hayle, Cornwall
phone 07867 585395

(c) D Norbury 2004-2008


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