Chinese brewer picks up stake in Chilean winemaker

Chinese brewer picks up stake in Chilean winemaker

Asset Management M&A China Chile

China's Jiangsu Yanghe Brewery has agreed to buy a 12.5% stake in Vina San Pedro Tarapaca for CLP3.94bn ($65.1m). According to a securities filing, the liquor company picked up roughly 5bn shares in an auction held by the Chilean winemaker for CLP7.9

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