Kirin Said to Weigh Bid for F&N Food and Drinks Business

Kirin Holdings Co., Japan’s largest brewer by market value, is considering a bid for Fraser & Neave Ltd.’s soft drinks and dairy businesses, said three people with knowledge of the matter.

The people, who asked not to be identified as the deliberations are private, didn’t say how much Kirin would offer for the operations. One person said an acquisition of the food and beverage operations is one of the options Kirin is considering. Kirin spokesman Kan Yamamoto declined to comment.