date:Apr 21, 2014
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Beam is the manufacturer of such spirits as the Jim Beam brand of whiskey. Suntory Holdings will purchase the company for $16 billion (about 1.6 trillion).
To borrow more than 1 trillion as a short-term loan from a bank, the Suntory group has begun to strengthen its financial foothold by issuing about 300 billion worth of subordinated bonds through the end of this summer.
The acquisition of Beam is likely to be completed by early May. After that, Suntory Holdings will control the grou