Brief: Suntory To Exit Indonesian Soft Drink Business - Nikkei

Suntory Beverage & Food

28/12/2023 17:34

Dec 28 (Reuters) - Suntory Beverage & Food Ltd  2587.T :
    * SUNTORY TO EXIT INDONESIAN SOFT DRINK BUSINESS - NIKKEI
    * SUNTORY BEVERAGE & FOOD SAID THURSDAY IT WILL WITHDRAW
FROM ITS
NONALCOHOLIC DRINK BUSINESS IN INDONESIA - NIKKEI
    * JAPANESE CO HAS SIGNED AN AGREEMENT TO SELL ITS ENTIRE 75%
INTEREST IN SUNTORY GARUDA BEVERAGE, HELD THROUGH UNIT, FOR
UNDISCLOSED AMOUNT - NIKKEI
    * SUNTORY TO WITHDRAW FROM ITS NONALCOHOLIC DRINK BUSINESS
IN
INDONESIA,TRANSFERRING MAJORITY STAKE IN A JV THERE TO PARTNER
GARUDAFOOD- NIKKEI


Further company coverage:  2587.T 

 ((Reuters.Briefs@thomsonreuters.com;))