date:Jul 09, 2013
Suntory Beverage Food Ltd. plans to spend some 500 billion on mergers and acquisitions to expand its operations abroad, the president of the Suntory groups soft drink unit, which listed its stock this week, said Friday.
The company, which debuted Wednesday on the Tokyo Stock Exchange, will consider promoting MAs in emerging markets in such regions as Asia and Latin and South America, Nobuhiro Torii said.
There may also be opportunities to expand in the fast-growing African market, Torii said,