|Bid||33.450 x 0|
|Ask||33.500 x 0|
|Day's Range||33.150 - 33.950|
|52 Week Range||28.200 - 37.700|
|PE Ratio (TTM)||22.43|
|Forward Dividend & Yield||0.40 (1.25%)|
|1y Target Est||30.91|
The 11 largest beer companies in the world in 2017, pretty much control the world’s beer production, as they are collectively responsible for over 63% of the global production of beer and own the 10 Best Selling Beer Brands Heading Into 2017. Even more than that, because the industry has gone through a wave of mergers and acquisitions […]
Shares in Tsingtao Brewery Co. climbed the most since May after Asahi Group Holdings Ltd. went public with its plans to put a minority stake worth $1.2 billion in the Chinese brewer on the selling block ...
Japan's Asahi Group Holdings said on Thursday it is considering selling all or part of its 19.99 percent stake in Tsingtao Brewery Co Ltd , its latest divestment from China's beer industry as it seeks growth in Europe and other Asian markets. Asahi's decision to sell the stake, which it acquired in 2009 for around $666.50 million, follows its announcement in June to sell its 20 percent stake in Chinese brewer Tingyi-Asahi Beverages Holding Co Ltd for $612 million. Tsingtao said Asahi holds 270.1 million of its Hong Kong listed H-shares.
For a foreign brewer hoping to gain an edge in the Chinese market, it seemed like the ideal alliance: Japan’s largest beermaker teaming up with one of China’s premier brands. Yet, Asahi Group Holdings ...
Asahi Group Holdings Ltd., the largest Japanese beermaker, picked Morgan Stanley to advise on the potential sale of its minority stake in China’s Tsingtao Brewery Co., people with knowledge of the matter ...
Asahi Group Holdings Ltd. wants to grow its overseas business to about a third of sales with more acquisitions after agreeing to buy about $11 billion of SABMiller Plc’s brands as Japan’s largest brewer ...
Tsingtao Brewery, which focuses on the lower end of the market, is underperforming as Chinese consumers now prefer premium beer, says Hao Hong of BOCOM International.