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Kirin wins court case to control Brazil beer maker

Kirin Holdings Co. said Wednesday that a Sao Paulo court has revoked an injunction blocking the company's $2.5 billion takeover of Brazilian beer producer Schincariol. The Sao Paulo Appellate Court's ruling, which was announced Tuesday, paves the way for the Japanese beer maker to assume control of Schincariol and gain a valuable foothold in the rapidly growing Brazilian market.

written on 14.10.2011 um 14:41.


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