Sunday, July 29, 2007

Kirin Says Talks Continue on Investment in San Miguel Australia Drink Unit

(Bloomberg) -- Kirin Holdings Co., Japan's biggest
beermaker, said it remains in talks to invest in San Miguel
Corp.'s Australia dairy and juice unit.

Kirin will buy as much as 49 percent of San Miguel's
National Foods Ltd. for A$1.2 billion ($1 billion), the
Australian Financial Review reported today, without saying
where it obtained the information.


Read more at Bloomberg Emerging Markets News

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