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Lion investors approve Kirin buyout

IT was last drinks for Lion Nathan yesterday as shareholders overwhelmingly approved a a $3.5 billion buyout by the biggest stakeholder, Japanese brewing giant Kirin. Lion Nathan will be merged with Kirin's Australian dairy products, food and juice business, National Foods, and become a $7.5bn arm of Kirin, known as Lion Nathan National Foods, under Lion chief Rob Murray.

written on 18.09.2009 um 05:58.


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