JAPAN'S KIRIN WON'T BID FOR TOP S KOREAN SHOCHU MAKER.

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JAPAN'S KIRIN WON'T BID FOR TOP S KOREAN SHOCHU MAKER.

Publication: AsiaPulse News

Publication Date: 30-MAR-05

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SEOUL, March 30 Asia Pulse - Kirin Brewery Co. (TSE:2503) will not participate in a corporate consortium formed to acquire Jinro Co. (KOSDAQ:018120), the leading South Korean producer of "shochu" distilled spirits, which is undergoing rehabilitation.

The CJ group, a midsize South Korean conglomerate that leads the consortium, on...

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