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Czech prized Staropramen to be sold?

staropramen
Anheuser-Busch Inbev is reportedly in talks with Dutch Heineken on the sale of its Czech unit, Pivovary Staropramen, ADP News said on 6 April 2009, citing daily Mlada fronta Dnes (MfD).

The companies declined any comment on the report.

The Belgian brewer needs to raise proceeds in order to repay debt related to the acquisition of Anheuser.

Pivovary Staropramen, which is the second-biggest brewery in the Czech Republic, has been valued at CZK5bn-6bn (USD255m-306m) (EUR189m-226m).

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