TOKYO/BANGKOK -- Japanese beverage company Kirin Holdings announced on Thursday that it will sell its entire stake in Myanmar Brewery (MBL) to the company, a joint venture with military-owned Myanma Economic Holdings (MEHL), for 22.4 billion yen ($164 million).
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Kirin had hoped to continue selling beer in Myanmar after the dissolution of the joint venture, but it was not able to do so.
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