Heinken last year acquired a 40 per cent stake in CRH Beer, the maker of Snow Beer, for US$3.1 billion. Photo: One Red Eye

China has become the happy hunting ground for European asset shoppers as trade war drags on, saps US acquisitions

  • The number of deals involving European firms in China increased by 32 per cent to 49 last year, while value jumped 856 per cent to US$9.94 billion.
  • Heineken’s 40 per cent stake in CR Beer for US$3.1 billion was one of the biggest inbound investments from Europe last year
Topic |   Mergers & Acquisitions

TOP PICKS

Heinken last year acquired a 40 per cent stake in CRH Beer, the maker of Snow Beer, for US$3.1 billion. Photo: One Red Eye
READ FULL ARTICLE