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Heineken has sold its stake in Bralima, its brewing subsidiary in Democratic Republic of Congo.
Heineken has sold its entire stake in Bralima to Mauritius-based ELNA Holdings Ltd.
KEY POINTS
- Heineken will retain its brands in Congo and earn revenue via long-term trademark licensing.
- The sale includes three breweries in Kinshasa, Kisangani, and Lubumbashi, employing about 731 people.
- Heineken's exit follows loss of operational control and asset seizures in eastern Congo due to conflict.
COMPANIES
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