THE HAGUE: Dutch beer giant Heineken announced on Tuesday (Wednesday in Manila) that it bought half of US-based beer maker Lagunitas, hoping to cash in on the global rocketing popularity of craft beers.

“Heineken announces the acquisition of a 50 percent shareholding in Lagunitas Brewing Company, the fifth-largest craft brewer in the United States by volume,” it said in a statement issued from Amsterdam.

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