Published 2 years ago

Japan's Kirin gives up stake in Myanmar Brewery

Summary by Ground News

Kirin Holdings will sell its shares in Myanmar Brewery to its joint venture partner. The Japanese beverage giant said the share buyback agreement was the fastest way to exit the venture. Human rights advocates criticized the move. The transfer of the 51% stake will give Myanma Economic Holdings full control of Myanmar Brewery.

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Associated Press News

Japan's Kirin gives up stake in Myanmar Brewery

BANGKOK (AP) — Kirin Holdings will sell its shares in Myanmar Brewery to the joint venture, giving its local partner Myanma Economic Holdings Plc. 100% control of the company, the Japanese beverage giant said in a statement Thursday.

2 years ago·United States

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abc News

Japan's Kirin gives up stake in Myanmar Brewery

Japanese beverage giant Kirin Holdings says it will sell its stake in Myanmar Brewery to the joint venture, leaving its partner Myanma Economic Holdings Plc

2 years ago·United States

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KRDO

Japan's Kirin gives up stake in Myanmar Brewery

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Japanese beverage giant Kirin Holdings plans to sell its stake in Myanmar Brewery to the joint venture, leaving its partner Myanma Economic Holdings Plc. in 100% control of the company. Kirin said the share buyback agreement took into account its employees and other stakeholders and would

2 years ago·Colorado Springs, United States

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KIFI

Japan's Kirin to sell Myanmar Brewery to sanctioned partner - Local News 8

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Japanese beverage giant Kirin Holdings will sell its stake in Myanmar Brewery to its joint venture partner Myanma Economic Holdings Plc. Kirin said the share buyback agreement took into account its employees and other stakeholders and would be the fastest way to exit the venture. MEHL faces sanctions by the U.S. and other Western governments. Kirin announced shortly after the military takeove…

2 years ago·Idaho Falls, United States

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KVIA

Japan's Kirin gives up stake in Myanmar Brewery

2 years ago·Panama City, United States

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National Post

Japan’s Kirin to sell Myanmar Brewery to sanctioned partner

BANGKOK (AP) -- Kirin Holdings will sell its shares in Myanmar Brewery to its joint venture partner Myanma Economic Holdings Plc., the Japanese beverage giant said in a statement Thursday. Read More

2 years ago·Canada

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