:. Food Industry News

Categories: Mergers and Acquisitions

Kirin Sells Stake in Pernod Ricard for USD 528 Mln

Source: Reuters
25/06/2009

Tokyo, June 25 - Japanese beer maker Kirin Holdings said on Thursday it has sold its 3.7 percent stake in France's Pernod Ricard for about 378 million euros ($528.2 million).

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The company had announced the stake sale to Le Delos Invest III, a unit of Societe Paul Ricard in April.

Kirin said the sale would not impact its profit forecast for this year.



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