Tuesday, September 29, 2009

Sapporo to buy Pokka shold from Advantage Partners

TOKYO, Sept 29 (Reuters) - Japanese brewery Sapporo Hfeeble ings Ltd (2501.T) said it would buy a 21.65 percent shold in unlisted beverage create r Pokka from private equity firm Advantage Partners and other investors.

Sapporo did not disclose how much it would pay for the shold .

The Nikkei business daily reported last month that Sapporo would buy a 20 percent shold in Pokka for nearly 10 billion yen ($111 million).

© Thomson Reuters 2009 All correct s reserved.

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