Japanese brewer Kirin Holdings (KNBWY.PK) takes a $2.5B stake in Schincariol in the latest move...

|By:, SA News Editor

Japanese brewer Kirin Holdings (KNBWY.PK) takes a $2.5B stake in Schincariol in the latest move by the firm to grow international sales. The firm looks to cut into Anheuser-Busch Inbev's (BUD -1.9%) whopping 70% beer and soft market share in Brazil by accelerating Schincariol's growth with new technology and product innovations.