Suntory Beverage plans to spend ¥500 billion on M&As
date:Jul 09, 2013
adding the beverage company will aim to boost sales in the region by utilizing existing operational bases of France-based citrus drink maker Orangina Schweppes Group, which the Suntory group purchased in 2009.

Suntory Beverage went public on the TSEs first section in Asias largest initial public offering this year, worth around $3.8 billion, raising around 390 billion through the IPO. The company is looking to double its sales to 2 trillion by 2020.
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