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Stock Market & Financial Investment News

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November 4, 2011
07:33 EDTKNBWYKirin buys rest of Brazil's Schincariol brewery, WSJ reports
Kirin Holdings Co. (KNBWY) said it bought all the shares it doesn't already own in the Brazilian brewer Schincariol for about $1.3B, reports the Wall Street Journal. Kirin bought the outstanding quotas of Jadangil Participacoes e Representacoes Ltda., which holds 49.54% of Schincariol's outstanding shares, as well as a 0.01% stake from other minority shareholders. Reference Link
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