Kirin to Sell 'Four Roses' to U.S. Wine Giant for $800 Million

Kirin Holdings announced it will sell its U.S.-based group company that produces the bourbon whiskey Four Roses to a major American wine company for up to about 120 billion yen, as the Japanese brewer reviews its business structure and accelerates expansion into health science and related sectors amid a growing shift among younger consumers away from alcohol. (News On Japan)