Hite Brewery has begun a four-week period of due diligence on the South Korean soju producer Jinro Ltd.

Dow Jones today quoted an anonymous Hite executive, who said: "Jinro's labor union had been opposing our due diligence, but after we guaranteed job security for the entire workforce, the union opened the company gate for us."
Hite is hoping to finalise a deal by the end of June this year.