Another 1 trillion yen will come from sales of
beer, Saji told a news conference.
The privately held beverage company bought U.S. spirits company
Beam Inc earlier this year for 1.6 trillion yen in Japan's
third-biggest outbound deal ever, investment of which Saji said
Suntory will be able to recover in about 15 years.
Saji said reaching the 1 trillion yen sales goal for the
combined Suntory-Beam unit will require more acquisitions.
Suntory will raise 300 billion yen in subordinated loans and 500
billion yen through long-term borrowing or bond issuance to
finance the purchase of Beam, Saji said, confirming a Reuters
report last week.
(Reporting by Ritsuko Shimizu; Writing by Chang-Ran Kim)
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