Fosun International Ltd. announced plans to acquire 18% of Tsingtao Brewery Co., Ltd. for US$844 million, as the Chinese conglomerate appears inclined to ink more deals in the consumer sector while unwinding some of its property investments.
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Want to read this important story?
Access thousands of news articles and data posts over the past 9 years!
Already have an account or paid subscription?