Kirin Follows Heineken With $2.2 Billion Offer; Shares Tumble
Kirin Holdings Co. (2503), Japan’s largest drinks maker, may pay S$2.7 billion ($2.2 billion) to expand in Southeast Asia, following brewers Anheuser-Busch InBev NV (ABI) and Heineken NV (HEIA) as they buy into emerging-market growth. (more…)