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Kirin Holdings Co Ltd (2503.T)

2503.T on Tokyo Stock Exchange

2,230JPY
11:30am IST
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¥14 (+0.65%)
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¥2,216
Open
¥2,225
Day's High
¥2,230
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¥2,195
Volume
2,030,000
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¥2,980
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Thu, Aug 8 2019

UPDATE 1-Australian regulator flags concerns over Saputo's Tasmanian cheese business buyout

Aug 8 Australia's competition watchdog on Thursday raised concerns about Canadian dairy firm Saputo Inc's acquisition of the Australian specialty cheese business of Japan's Kirin Holdings.

Australian regulator flags concerns over Saputo's Tasmanian cheese business buyout

Aug 8 Australia's competition watchdog on Thursday raised concerns about Canadian dairy firm Saputo Inc's acquisition of the Australian cheese business of Japan's Kirin Holdings.

Breakingviews - Kirin’s Japanese makeover is only half pretty

HONG KONG (Reuters Breakingviews) - Kirin’s new makeover is only half pretty. The $20 billion Japanese brewer is buying 30% of Tokyo-listed cosmetics and kale-juice maker Fancl for 129 billion yen ($1.2 billion). Moving away from booze and an ageing market makes sense; rivals ​are doing it too. But paying a multiple of earnings more than twice its own for a minority stake is not a wholesome look. 

Brewer Kirin to buy 30.3% stake in cosmetics firm Fancl for $1.2 billion

TOKYO Japanese brewer Kirin Holdings Co Ltd said on Tuesday it would take a 30.3% stake in cosmetics company Fancl Corp for 129 billion yen ($1.21 billion) as it reduces its exposure to the shrinking domestic beer market.

UPDATE 1-Brewer Kirin to buy 30.3% stake in cosmetics firm Fancl for $1.2 bln

* Strategy contrasts with Asahi's beer buying spree (Adds background on deal)

Kirin to take 30.3% stake in Fancl for $1.2 bln

TOKYO, Aug 6 Japanese brewer Kirin Holdings Co Ltd said on Tuesday it would take a 30.3% stake in cosmetics company Fancl Corp for 129 billion yen ($1.21 billion) as it reduces its exposure to the shrinking domestic beer market.

Japan's Kirin cuts full-year profit outlook on Lion unit impairment

TOKYO, April 26 Japanese beverage maker Kirin Holdings Co Ltd on Friday cut its full-year profit outlook, saying it was set to record an impairment loss related to a possible sale of its Australian unit Lion Pty Ltd's dairy and drinks business.

Canada's Saputo buys Kirin's cheese business in Australia for $179 mln - Nikkei

SYDNEY, April 26 Canada's Saputo Inc. has purchased the Australian cheese business of Japan's Kirin Holdings for about 20 billion yen ($179 million), the Nikkei reported on Friday, citing anonymous sources.

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