Heineken In Talks To Purchase Brasil Kirin - TheStreet

Heineken in Talks to Purchase Brazil Brewery From Kirin

Dutch beer brewer Heineken is in talks to buy Brazil's second-largest brewery from Japan's Kirin.
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Heineken is in talks to buy Brazil's second-largest brewery from Japan's Kirin (KNBWY) . This comes as Japanese breweries fight falling sales in their home market where there's been an almost 50% decline in domestic beer sales since 2001. 

"These discussions are ongoing and there can be no certainty that an agreement will be reached," according to a company statement. Heineken could pay ¥100 billion for Brazil Kirin in December. This follows the Dutch brewer's recent purchase of British chain Punch Taverns for £403 million.