Chen Fashu buys A-B InBev’s Tsingtao stake

June 7: The world’s largest brewer Anheuser-Busch InBev has completed the sale of its remaining minority stake in China’s Tsingtao Brewery to private investor Chen Fashu for US$283 million.
Mr Chen is said by Forbes magazine to be China’s 31st richest man with a fortune that comes mainly from Zijin Mining which went public in Shanghai this year, raising $1.5 billion.

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