Leuven-based AB InBev, the world's largest beer group, has sold a 19.9% stake in the Chinese Tsintao brewery to Japan's Asahi group for 667 million US dollars. The move is part of AB InBev’s worldwide €7 billion sales of assets linked to its costly acquisition of Anheuser Busch last year. The company, which confirmed last week that it would keep its world headquarters in Leuven, is believed to be in final talks to sell its Korean activities to the US-based KKR investment fund.

Gas · Fluxys

Fluxys, the gas transport and distribution company, and Exmar, the shipping group, have signed a partnership agreement to build a second gas terminal in Zeebrugge. The new facility, said to be a world's first, would allow the berthing of LNG carriers equipped with re-gasification equipment to speed up offloading of gas and its distribution to the European network.

Pharmaceuticals · Omega

Omega Pharma, the over-the-counter pharmaceuticals producer and distributor, has signed a joint venture agreement with Indian group Modi-Mundipharma to launch up to eight products of Omega's range on the Indian market by 2010.

Plastics · Tessenderloo

Tessenderloo group will close its French Saplast affiliate in Strasbourg, specialised in plastic granulates. The company's management has been at pains to explain that the closing has nothing to do with the economic environment but is linked to the product's obsolescence.

Sport · Olympics

Deme Group, specialised in the decontamination of polluted sites, and ALFACAM, the high definition TV company, are two Flemish companies that have already won contracts for the 2012 London Olympics. Up to 25 others that are part of the Belgian Sport Technology Group, created by the Agoria business association and the Olympic Committee, hope to sign contracts.

Autos · Opel

The Flemish Region government has offered some €200 million to Opel Antwerp, the assembling facility owned by ailing US-based General Motors, for a sale and lease-back operation of the site's land. The move is part of the authorities' drive to keep the plant open.

Restaurant · Belga Queen

The famed Belga Queen restaurant in Ostend, which closed earlier this year, has reopened with new owners.