In the news: MOFCOM approves AB InBev's PRC deal, work safety head gets fired and Alibaba and JD.com target rural shoppers

MOFCOM approved AB InBev's increased shareholding in Pearl River Beer, the work safety department head was sacked for corruption, e-commerce eyed growth opportunities away from cities and COFCO Coca-Cola opened a factory

5 minute readSeptember 09, 2015 at 06:30 AM

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MOFCOM approves AB InBev's Chinese acquisition

On August 25, MOFCOM approved Anheuser-Busch InBev plan to increase its shareholding in Chinese brewing company Pearl River Beer by 4.37% to 29.99%, according to a monthly competition report by Norton Rose Fulbright.

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