Kirin Holdings, a Japanese beverage giant, is set to acquire skincare and cosmetics brand Fancl for approximately $1.39 billion in a move to diversify its business beyond beer. The acquisition involves a tender offer to make Fancl a wholly-owned subsidiary.
Japan’s Kirin Offers $1.4 Bln for Full Control of Skin Care Brand Fancl https://t.co/zuGOTIDPuG
Kirin to Buy Japan Supplement Maker Fancl https://t.co/cYKmhBiRV1
Kirin Holdings Co. said it plans to buy the remaining shares it doesn't own in Fancl Corp. for about $1.4 billion, part of the Japanese beverage giant's continued push into the consumer health sector. https://t.co/acXbYPiDXl
Kirin Holdings will acquire Japanese skincare and cosmetics brand Fancl for around ¥220 billion ($1.39 billion) as part of an effort to reduce its reliance on beer. https://t.co/XjzIz8wvmj
Kirin Holdings Commences Tender Offer To Make FANCL A Wholly-Owned Subsidiary https://t.co/p1pfwKJNUZ https://t.co/hKVne3GJV9
Kirin Holdings will acquire Japanese skincare and cosmetics brand Fancl for around $1.39 billion as part of an effort to reduce its reliance on beer https://t.co/mjiAkdpq00