October 7, 2008
Kirin to Sell Aussie Yogurt Biz to NZ Firm
Tokyo, Oct. 7 (Jiji Press)--Major Japanese beverage firm Kirin Holdings Co. said Tuesday it has agreed to sell its Australian Dairy Farmers' yogurt license to New Zealand's leading dairy firm Fonterra Co-operative Group Ltd.
For an undisclosed sum, Fonterra will acquire the rights to manufacture and sell the Australian firm's core yogurt brand SKI.
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