Tuesday, 2 August 2011

Kirin buys control of Brazil's Schincariol for $2.6 billion

TOKYO (Reuters) - Japan's Kirin Holdings Co ( 2503.T ) is buying a controlling stake in major Brazilian beer and soft drinks maker Schincariol for 3.95 billion reais ($2.6 billion), making its first foray in the fast-growing South American economy. A highly competitive and shrinking home market has ...

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