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In what is a nearly $6-billion deal, Anheuser Busch InBev is reacquiring Oriental Brewery, South Korea's leading brewery. The St. Louis Post Dispatch reports that AB-InBev sold the company in 2009, following its acquisition of St. Louis-based Anheuser Busch.
Oriental Brewery has an exclusive license to distribute AB InBev brands including Budweiser and Corona in South Korea. Beer sales in South Korea grew 2 percent from 2009 to 2012, and premium beers grew 10 percent annually.
The country's beer market is expected to increase by more than 13 percent between 2012 and 2022.