David Fickling, Columnist

This Vietnam War Could Get Costly

Sabeco is an attractive asset but its valuation is looking bubbly.
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Japan's restless brewers suffered some brutal hangovers from their first big emerging-market forays. What are the odds another binge will turn out any better?

Kirin Holdings Co. is in talks with Heineken NV over a possible sale of its Brazilian operations, the company said FridayBloomberg Terminal, two days after Bloomberg News reported Bloomberg Terminalthat Asahi Group Holdings was considering selling its stake in Tsingtao Brewery Co.