Kirin Completes Lion Nathan Buy-out

Having made Australia the focus of efforts to diversify away from its stagnant domestic beer market, Japanese brewing giant Kirin wants to further its investment in the country with a bid to buy out Lion Nathan. A volume sales growth forecast of 14% to 2013 means that Australia's beer market hardly affords Kirin strong long-term growth opportunities, yet a forecast five-year decline of 3% in Japan, coupled with the higher margins on offer in Australia, is enough to convince

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