RPT-UPDATE 1-ABInBev assets attract equity firm interest-sources

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* Five private equity firms looking at ABInBev CEE assets

* Cinven, Warburg Pincus, CVC, TPG and KKR show interest

* First-round bids due in about two weeks

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By Victoria Howley and Simon Meads

LONDON, June 17 (Reuters) - No.1 brewer Anheuser-Busch InBev (ABInBev) (ABI.BR) will open bidding in two weeks for 11 Central and Eastern European breweries, with at least five private equity firms considering bidding, people familiar with the situation said.

ABInBev will give management presentations on the businesses over the next week, with first round bids due in about two weeks, two sources familiar with the situation said on Wednesday.

ABInBev has declined to comment.

Separate sources said that Cinven, [CINV.UL] Warburg Pincus [WP.UL] CVC Capital Partners, TPG [TPG.UL] and KKR [KKR.UL] have expressed interest in the 11 breweries, which are in Bulgaria, Croatia, the Czech Republic, Hungary, Montenegro, Romania and Serbia and include the prized Staropramen brand, the flagsghip beer from the Czech Republic's second-largest brewer, separate sources said.

The company also has brewing operations in Russia and Ukraine.

Advent International had looked at the assets but is not pursuing a deal, said another source familiar with the situation.

All the private equity firms declined to comment.

The brewer has been looking to cut its debts since it bought U.S.-based Budweiser-brewer Anheuser-Busch last year for $52 billion in cash. It has said it wants to complete divestments of $7 billion by November.

It has raised almost $3 billion so far this year from the sale of South Korea's Oriental Brewery and a stake in China's Tsingtao Breweries. (0168.HK) (600600.SS)