Sapporo-Stone USA Chief: Global Company’s Real Estate Divestment Reflects Commitment to Alcohol Biz

Dear Client: ICYMI over the holiday break, the global Sapporo Holdings Limited announced it was divesting from its real estate business, Sapporo Real Estate Co. Ltd., which owns diverse real estate assets throughout Japan, a move that Sapporo-Stone USA chief Zach Keeling told CBD could help “strengthen” its alcoholic beverage business.  Indeed, Sapporo Holdings entered into agreements with PAG, a leading Asia-based alternative investment firm, and KKR, a leading global investment firm, “to acquire 100% of the shares of Sapporo