InBev picks KKR as buyer of S.Korea brewer -report

SEOUL, April 27 | Mon Apr 27, 2009 2:17am EDT

SEOUL, April 27 (Reuters) - Anheuser-Busch InBev INTB.BR has picked private equity firm Kohlberg Kravis & Roberts (KKR) [KKR.UL] as preferred buyer of South Korea's Oriental Brewery, a report said on Monday.

Online news outlet MoneyToday cited an unnamed industry source as saying that KKR had revised upwards its bid price for the beer maker to more than $1.9 billion and accepted most of InBev's demands.

(Reporting by Kim Yeon-hee; Editing by Ken Wills)

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