Kirin Holdings Commences Tender Offer To Make FANCL A Wholly-Owned Subsidiary [Yahoo! Finance]
KIRIN HLDGS CO LTD S/ADR (KNBWY)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
Aim to become one of the largest health science companies in Asia-Pacific Together with Blackmores acquisition, increase Group value creation and further strengthen global operating base TOKYO, June 14, 2024 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. Background Under 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 into growth opportunities. Through its research and development capabilities in fe
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