Bira 91 crisis: Japan’s Kirin prepares to leave brewer; founder Ankur Jain hunts for replacement investor
Bira 91 crisis: Japan’s Kirin prepares to leave brewer; founder Ankur Jain hunts for replacement investor
Japanese beverage giant Kirin Holdings is reportedly in talks to exit its significant investment in Indian beer maker Bira 91 (B9 Beverages). Facing financial distress due to operational disruptions and high costs, B9 Beverages has seen its losses mount. Kirin's potential divestment aligns with its global strategy shift towards health and wellness.
Japanese beverage giant Kirin Holdings is reportedly in talks to exit its significant investment in Indian beer maker Bira 91 (B9 Beverages). Facing financial distress due to operational disruptions and high costs, B9 Beverages has seen its losses mount. Kirin's potential divestment aligns with its global strategy shift towards health and wellness.
Japanese beverage giant Kirin Holdings is reportedly in talks to exit its significant investment in Indian beer maker Bira 91 (B9 Beverages). Facing financial distress due to operational disruptions and high costs, B9 Beverages has seen its losses mount. Kirin's potential divestment aligns with its global strategy shift towards health and wellness. 
