The week in business: 25 June

Brewing – AB Inbev
The Leuven-based beer group is selling its German Hassenröder and Diebels beer brands for up to €200 million. The brews landed in AB Inbev’s portfolio as part of the company’s acquisition of SABMiller two years ago, to create the world’s largest beer group.

Banking – National Bank
The country’s state bank has for the first time acquired Chinese yuan and South Korean won currencies as part of the diversification of its reserves.

Banking – KBC
Flanders’ largest financial institution is investing €1.5 billion over the next three years to further develop the digitisation of its services.

Industry – Sapec
The Belgian-owned agro business and industrial chemicals group, with the bulk of its operations in Spain and Portugal, is to be delisted from the Brussels stock market following the decision of its leading shareholders, the Antwerp Velge family, to take the company private.

Data management – Syx
The Benelux leader in automated registration systems for sport, cultural and leisure activities, based in Ypres, is being taken over by Austria’s Gantner company, specialised in access control and registration systems.

Food – Continental Foods
The owner of the Antwerp-based producer of soups, sauces and related packaged foods, London’s CVC Capital, is seeking a buyer for the business, which is said to be worth up to €1 billion. Continental Foods employs more than 1,000 people and has production facilities in Belgium, France and Germany.