| Home
Kirin and Suntory decide not to merge
The Japan News.Net
Monday 8th February, 2010
Kirin and Suntory, the Japanese brewers have decided not to merge.
After months of negotiations, Kirin said it was unable to agree with Suntory on ways to ensure management independence within the merged company.
Suntory had complained it was unhappy with the merger ratio which would have determined control of the new business.
Suntory is largely family owned.  Email this story to a friend
Have your say on this story
|
 |
 |
- Toyota recalls 400,000 cars in US
Japanese carmaker Toyota is recalling more than 400,000 cars in the US over fears of defects in the steering system, the company said Thursday. [read story]
- Panasonic returns to profit in first quarter
Panasonic Corp Thursday reported a first-quarter net profit of 43.7 billion yen ($502 million), a turnaround from a 53-billion-yen net loss the previous year, and raised its full-year forecasts. [read story]
- Japan executes two men by hanging
Kazuo Shinozawa, 59, and Hidenori Ogata, 33, faced the hangman's noose after being convicted of multiple murders. [read story]
- 'Joint South Korea-US drill sent strong message to North'
Four-day joint naval drills by the South Korean and US military in the Sea of Japan sent a strong message to North Korea, the US command said Thursday. [read story]
- Wikileaks man defends release of classified military files
The Australian-born founder of WikiLeaks, Julian Assange, has defended the placement of tens of thousands of classified US military files on his website. [read story]
|
|
 |
 |
|
|
