Heineken takes battle to AB InBev in Brazil with $1bn Kirin deal
Heineken, the world’s second-largest brewer, yesterday agreed to buy the loss-making Brazilian breweries of Japan’s Kirin Holdings to boost its presence in the world’s third-biggest beer market. The Dutch brewer will become the number two brewer in Brazil, with a share of some 19 per cent, behind clear market leader Anheuser-Busch InBev. Including debt, Heineken said it would pay €1.025 billion. For Kirin it marks a departure from the Brazilian market, having paid some $3.9 billion in 2011 for 12 breweries... Читать дальше...