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Heineken Says Finnish Unit Hartwall Under Strategic Review

Heineken NV, the world’s third-largest brewer, said it started a strategic review of its Hartwall business in Finland.

The company will finalize the review by the end of the year, the Amsterdam-based brewer said in a statement today. Heineken will examine options for the business within or outside of Heineken, it said.

The unit, which it acquired in the 2008 purchase of Scottish & Newcastle, has about 850 employees and makes cider, wine and spirits in addition to beer and soft drinks, the company said.

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