MELBOURNE, June 16 (UPI) -- Foster's Group Ltd., Australia's biggest beer maker, has sold its Shanghai brewery to Japan's Suntory Ltd. for about $22 million.
Foster's, which entered China in 1993, said it planned to keep ownership and distribution rights for Foster's Lager and its other international beer brands, the Melbourne Herald Sun said Friday.
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The company still retains breweries in India, Vietnam, Fiji and Samoa.