China: CEFC to buy a majority stake in Pivovary Lobkowicz
CEFC, China’s sixth largest private company, is to acquire a 79.4% stake in the Czech brewery Pivovary Lobkowicz in a deal valued at 1.9 billion CZK ($78.46 million), according to a report in the Prague Post. The shares are being acquired through Lapasan, a newly-formed company in which CEFC has a 70% stake “Pivovary Lobkowicz […]