KEY POINTS:
SABMiller's Chinese venture plans to pay US$320 million ($454 million) to buy the leading brewer in the country's southwest, part of an acquisition spree in the world's largest market for beer.
CR Snow, a venture between SABMiller and beverage-to-retail giant China Resources Enterprise, intends to pay 2.5 billion yuan for Blue Sword, which owns part of 14 breweries sprinkled across Sichuan province and a brewery in Guizhou.