Beer Malt Specialmalt Caramel Black Brewery Malthouse BEST Organic Kosher Job Roasted Whiskey Malting Barley

News

News

Kirin Completes Buy Out of Brazil Beermaker Schincariol

Kirin Holdings Co. agreed to buy out shareholders in Brazilian beermaker Schincariol Participacoes e Representacoes, completing its biggest acquisition as it seeks growth in emerging markets. Japan’s largest brewer will pay 2.35 billion reais ($1.35 billion) for the 49.54 percent stake, giving it control of all outstanding shares, the company said today in a statement. The deal settles a dispute with shareholders who had challenged the Tokyo-based beermaker’s acquisition of half of Schincariol earlier this year.

written on 04.11.2011 um 18:07.


[overview]