Announcement Of Strategic Partnership With Carlsberg Group Through Capital And Business Alliance
BRIEF-Sapporo Breweries Ltd - Announcement Of Strategic Partnership With Carlsberg Group Through Capital And Business Alliance July 6 (Reuters) - Sapporo Breweries Ltd 2501.T:
SAPPORO BREWERIES LTD: ANNOUNCEMENT OF STRATEGIC PARTNERSHIP WITH CARLSBERG GROUP THROUGH CAPITAL AND BUSINESS ALLIANCE
SAPPORO BREWERIES LTD: WILL INVEST ABOUT $643 MILLION TO ACQUIRE 25% STAKE IN JOINT VENTURE
SAPPORO BREWERIES LTD: JV WILL BE INCORPORATED IN SINGAPORE
SAPPORO BREWERIES LTD: JV EXPECTED TO BE ESTABLISHED IN DECEMBER THIS YEAR, SUBJECT TO THE NECESSARY REGULATORY APPROVALS AND CLOSING CONDITIONS
Source text: ID:nTSsf8f958
Further company coverage: 2501.T
(Reporting by Tokyo Newsroom)
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