Interfood Shareholding Company Announces Investment by Kirin Holdings Company, Ltd.
Interfood Shareholding Company announced that Kirin Holdings Company, Ltd. has increased its stake in the Company from 57.25% to 80.37% (more…)
Kirin Confirms Tender of Fraser & Neave Stake
–Kirin Holdings to tender entire stake in Fraser & Neave for S$1.9B
–Kirin then aims to buy back F&N’s food and beverage ops for S$2.7B
–Kirin shares fall in Friday trading on fears about additional M&A costs (more…)
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…)
CVC Said to Hire Adviser After Japanese Approaches for StarBev
CVC Capital Partners Ltd., the British private equity firm that owns Formula One, is weighing whether to pursue a sale of Staropramen brewer StarBev after receiving approaches for the company, three people with knowledge of the plans said. (more…)
Kirin Holdings Full-year Profit Declines
Japanese brewer Kirin Holdings Co. reported Friday a lower profit for the full year 2011, citing a slowdown in overseas economies and rising value of the yen. The company also issued guidance for the first half and full year 2012. (more…)
Kirin Brewery’s quake-hit Sendai plant resumes production of all items
Kirin Brewery Co. said Wednesday it has resumed bottled beer production at its plant in Sendai in Miyagi Prefecture, which was severely damaged by last March’s earthquake and tsunami, meaning all items are now back in production at the plant. (more…)
Kirin Forecast Misses Estimates on Australia, Japan Declines
Kirin Holdings Co., Japan’s largest brewer by market value, forecast 2012 earnings 23 percent less than analyst estimates as falling sales in Australia and Japan crimp profitability. (more…)
Kirin Holdings Company, Ltd. Lowers FY 2011 Outlook
Kirin Holdings Company, Ltd. announced that it has lowered its consolidated full-year outlook for revenue from JPY 2,110,000 million to JPY 2,072,000 million (more…)
Japanese brewers’ thirst for highly fancied Sabeco
Japanese brewers Kirin Holdings and Asahi Group Holdings are licking their lips at the thought of investing in Vietnam’s state-owned brewer Sabeco. (more…)
Asahi Holds Onto Lead Over Kirin in Japan
Asahi Breweries Ltd. maintained its position as Japan’s biggest beermaker last year, widening its market-share advantage over Kirin Holdings Co. as demand in the nation fell for a seventh straight year. (more…)