Kirin Holdings, Suntory to merge?

Kirin Holdings has said that no deal has been reached on a potential merger with brewing rival Suntory, but the group did not deny talks between the two rivals.

Kirin and Suntory, two of Japan’s biggest alcoholic drinks makers and fierce rivals, are considering a merger, according to a report  in Japanese business publication Nikkei.

In a statement today, Kirin refused to either confirm or deny the report.

Read the full article at www.just-drinks.com