• Most Popular
  • Most Shared

Kirin extends losses as merger talks with Suntory end

Sun Feb 7, 2010 10:39pm EST

TOKYO, Feb 8 (Reuters) - Kirin Holdings extended losses to fall 6.8 percent on Monday after saying it has decided to end merger talks with privately held Suntory [SUNTH.UL], capping months of speculation over what would have created one of the world's largest food and beverage makers.

Stocks

Kirin cited differences over how to ensure management independence and transparency in a merged company. [ID:nTKF106835]

The benchmark Nikkei .N225 fell 0.2 percent and the broader Topix also lost 0.2 percent.

(Writing by Elaine Lies)

Stocks


More from Reuters

Protestors hold signs as several groups hold a 'Kill the Bill' rally against President Barack Obama's health care legislation, on the west front of the U.S. Capitol in Washington, March 20, 2010. REUTERS/Jonathan Ernst

Heading for a close vote

Democrats are confident they have nailed down the votes needed to pass Obama's historic overhaul of healthcare.  Full Article | Video 

Healthcare reform
Photo editor May Naji during an embed with U.S. troops in Iraq. REUTERS/File

Witness from the hurt locker

For Reuters journalist May Naji, a Iraqi native, some things are impossible to forget even after she left home to work abroad.  Full Article 

World
A general view of the northern Italian coastal town of Portofino, June 15, 2007. Credit: Reuters/Dario Pignatelli

Top playgrounds of the rich

Want to vacation like CEOs and celebrities? A men's website has listed its top towns that border the magical Mediterranean.  Full Article 

Lifestyle