Kirin spent $ 3.95 billion to acquire Aleadri-Schinni

August 01, 2011, 8: 20 PM EDT by Robert Fenner

(Adds brands of beer in the second paragraph).

August 2 (Bloomberg) - Kirin Holdings Co., Japan second - largest brewer by volume, agreed to pay $ 3.95 billion ($2.5 million) for Aleadri-Schinni pelle e Representacoes SA to take over control of a Brazilian Brewer.Aleadri purchase will give the company a 50.45% of the shares in pelle Schincariol e Representacoes SA, the company headquartered in Tokyo, said in a filing today, giving it control of Glacial and Nova Schin, Devassa beer brands. The purchase was completed today and was financed with existing cash and loans.Kirin, which acquired Australia second brewer Lion Nathan Ltd. in 2009 and control San Miguel Corp. the Philippines, grew up in overseas amid stagnation in consumption in the home.Citigroup Inc. Advisory Kirin.

-Editor: Teo currently Wei

2503 JP

To contact the reporter on this story: Robert Fenner in Melbourne in rfenner@bloomberg.net

To contact the editor responsible for this story: Frank Longid in flongid@bloomberg.net

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