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SABMiller (SBMRY.PK) says its joint venture in China has worked out an agreement with Kingway...

SABMiller (SBMRY.PK) says its joint venture in China has worked out an agreement with Kingway Brewery Holdings to acquire its brewery operations for $864M. China-based analyst Anson Chan isn't a big fan of the deal, calling it expensive and questioning if it will help Snow beer pick up market share from leading brands Tsingtao and Zhujiang Beer in the region.
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