Updated: 05/01/2014 08:50 | By Agence France-Presse

Japan's Suntory completes $16 bn buyout of Jim Beam maker

Suntory Holdings said Thursday it had completed a $16 billion buyout of the firm behind Jim Beam bourbon, creating the world's third largest high-end spirits maker.


Japan's Suntory completes $16 bn buyout of Jim Beam maker

Japanese drink giant Suntory's whisky Hakushu (R), Yamazaki (2nd R), Hibiki (3rd R) and US beverage giant Beam's bourbon whisky Jim Beam (3rd L), Maker's Mark (2nd L), Laphroaig are displayed at Suntory's office in Tokyo on January 14, 2014 - by Yoshikazu Tsuno

Suntory Holdings Ltd. has acquired all outstanding shares of Beam Inc. for nearly $13.9 billion while taking on $2 billion of debts at the US firm.

Latest Photo Galleries on xinmsn

NEWS VIDEOS

MORE NEWS VIDEOS

facebook recommendations

LIVE NEWS RADIO STREAMING

  • 938 Live

    938LIVE is Singapore's only English news and talk station which transmits round the clock with an engaging and enticing spread of programmes on current affairs, health, business and lifestyle as well as news every half hour until midnight.

  • Capital 958


    95.8FM城市频道的前身是"第三广播网"。上个世纪30年代末,新加坡就有中文广播,一路走来经过不少政治,社会局势的改变,中文广播在本地一直扮演举足轻重的角色。