Banks Set Back KKR Bid for AB InBev Korean Beer Unit

Calyon, ING Groep NV Group, Standard Chartered Plc, Natixis SA and Nomura Holdings Inc., the acquisition of KKR buys DONG YANG agreed to loan $ 900,000,000 to finance as much as beer, why not disclose information they have refused to confirm.

Affinity Capital Partners company, the new bid from KKR uiwa Oriental, five people who know the targets involved, said last month. Inbev and AB, the world's largest beer, perhaps two billion dollars by the company to seek a lower price is accepted, they said.

This is because the business is generating cash flow, "a KKR horse east duopolistic market," Gerard Rijk, ING Group's analysts, Amsterdam, Seoul - based on assessments and has sold 1.3 billion U.S. dollars for a beer manufacturer.
Parent company Lotte Group in South Korea's largest manufacturer of drinks, not to second round of bidding for the East today, and will build a new brewery, a company official, who requested anonymity, said in Seoul. An initial offering of Lotte declined as too low, said two people last month.

Sales of beer for beer in South Korea rose 9.7 percent to 1.63 million won ($ 1.22 billion) in 2007, after advancing 1.6 percent the previous year, of According to the brewery Hite Co., the only other Korean manufacturer.

Joshua Goldman-Brown, a Hong Kong-based spokesman for KKR, declined to comment on her in New York, the private equity financing.