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Heineken signs agreements with CRE and China’s leading beer co CR Beer
date:Aug 06, 2018
n, Heineken will have an effective 20.67 per cent economic interest in CR Beer and will get representation on the board of CBL and nomination rights to the board of CR Beer. Heineken will invest a total amount of HK$24.3 billion in CBL, which translates into an implied purchase price of HK$36.31 per share in CR Beer.

CRE will acquire 5.2 million Heineken N V shares (equivalent to a 0.9 per cent shareholding in Heineken N V), which are currently held in treasury for a total consideration of 464

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