Suntory, Garudafood to form soft-drink joint venture

07/15/2011 | Wall Street Journal, The

Suntory Holdings and Garudafood Group are planning to form a joint venture in Indonesia to sell soft drinks in the growing Southeast Asia market. Packaged food and beverage company Garudafood will transfer its soft-drink business to the venture, which will be 51% owned by Suntory.

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