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Business

Asahi to streamline Australian soft drink operations

TOKYO -- Asahi Group Holdings will consolidate its non-alcoholic beverage operations in Australia and invest in the latest equipment to boost profitability.

     Asahi seeks to raise the efficiency of facilities operated by five Australian companies it has acquired since 2009, including Schweppes Australia. The company will also spend about 8.6 billion yen ($72.3 million) to upgrade facilities.

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