Kirin Holdings Commences Tender Offer To Make FANCL A Wholly-Owned Subsidiary
KIRIN HLDGS CO LTD S/ADR (KNBWY)
US:NASDAQ Investor Relations:
kirinholdings.co.jp/english/ir
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Source: Business Wire
Contributing to the health of consumers around the world through both health food and skincare businessesAim to become one of the largest health science companies in Asia-PacificTogether with Blackmores acquisition, increase Group value creation and further strengthen global operating base TOKYO--(BUSINESS WIRE)--Kirin Holdings Company, Limited (Kirin Holdings) (TOKYO: 2503) has decided to acquire additional shares of common stock of FANCL Corporation (FANCL) (TOKYO: 4921) through a tender offer and share warrants under the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended) with to make FANCL a wholly-owned subsidiary.BackgroundUnder the long-term management vision Kirin Group Vision 2027, Kirin Holdings aims to “become a global leader in CSV by creating value in domains ranging from food & beverages to pharmaceuticals” by launching businesses in the health science field in addition to the food and pharmaceuticals fields, and by turning consumer health issues i
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