Suntory Beverage set to price up to $4.8 bln IPO
date:Jun 25, 2013
the company is known for its Premium Malt's beer and whisky, its non-alcoholic drinks unit Suntory Beverage generates half of the group's revenue.

Suntory Beverage said it expects its net profit to rise 50 percent to 35 billion yen and its revenue to increase 14 percent to 1.13 trillion yen this year. It has set a target for annual revenue growth of at least 5 percent over the next three years.

In Japan, Suntory is the second-largest soft drinks maker after Coca-Cola Co and the gap in their ma
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