The report claims that the move was part of Kirin's movement away from China's "sluggish" soft drinks business.
Financials and Deals
The San Diageo craft beer will be pulled from shelves and its brewery sold to Kings & Convicts Brewing Co, the owner of Ballast Point.
Forget PepsiCo, Fresca Mixed launch shows The Coca-Cola Co’s biggest rival to be Anheuser-Busch InBev – comment
The power dynamics in soft drinks and alcohol are shifting. We are heading for a new type of showdown.