Davis Polk is advising China Resources Beer on its agreement with AB InBev to acquire the 49% interest in China Resources Snow Breweries held by SABMiller for a consideration of $1.6 billion. The acquisition is subject to a number of conditions precedent, including the obtaining of regulatory approval.

China Resources Snow Breweries and its subsidiaries are principally engaged in the production, sales and distribution of beer product, and is currently a 51% subsidiary of China Resources Beer. Shares of China Resources Beer are listed on the Hong Kong Stock Exchange.

The Davis Polk team includes partner Paul Chow, Michael N. Sohn and associates Yang Chu and Kai Sun. Members of the Davis Polk team are based in the Hong Kong and Washington DC offices.

Copy link to share post