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Kirin to drink up another Myanmar brewery

Deal would give Japanese beer maker control over 90% of local market

The Myanmar beer market is growing fast.

TOKYO -- Kirin Holdings plans to buy Mandalay Brewery of Myanmar for an estimated several hundred million yen in its latest push to strengthen its presence in the Asia-Oceania region.

Mandalay Brewery, based in the northern city of Mandalay, is the country's oldest brewery. It operates as part of the military-backed Myanmar Economic Holdings and has a market share of just under 10% in Myanmar.

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