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Feud

August 3, 2011

A feud has broken out between family shareholders of the Brazilian brewing company Schincariol, after one side of the family sold half of the business to an outside shareholder apparently not notifying the other family members.

A feud has broken out between family shareholders of the Brazilian brewing company Schincariol, after one side of the family sold half of the business to an outside shareholder apparently not notifying the other family members.

Brothers Alexandre and Adriono Schincariol, who own 50.45% of the brewing group through a holding company called Aleadri-Schinni Participacoes e Representacoes, sold their entire stake to Tokyo-based Kirin Holdings, according to a statement issued on 2 August.

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