Anheuser-Busch Proceeds with Tender Offer for China's Harbin Brewery.Business Editors HONG KONG--(BUSINESS WIRE)--June 3, 2004 Anheuser-Busch (NYSE NYSE See: New York Stock Exchange :BUD) noted SABMiller's announced decision to withdraw from the tender offer process and will proceed with its general offer to shareholders of China's Harbin Brewery Group Acquired by Anheuser-Busch in 2004, Harbin Brewery is located in China and is the country's fourth-largest brewery. Harbin is one of the oldest brewers in China, has a leading position in Northeast China and produces the Hapi beer brand. Limited (HKSE HKSE Hong Kong Stock Exchange :0249.HK). "We look forward to the benefits this strategic investment will provide to us in the world's largest and fastest-growing beer market," said Patrick Stokes Patrick T Stokes is the former president and CEO of Anheuser-Busch Companies, Inc. He is now chairman of the Board of Directors of the Anheuser-Busch Companies, Inc. Leadership at Anheuser-Busch In 1990, Stokes became president of Anheuser-Busch, Inc. , president and chief executive officer of Anheuser-Busch Cos., Inc. "It will strengthen our position in the Northeast region and will leverage the individual strengths of Anheuser-Busch, Tsingtao and Harbin to enhance long-term shareholder value." |
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