BGA bega cheese limited

News: BGA Australia's Bega Cheese to buy Kirin's local dairy arm for $393 mln

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    Nov 26 (Reuters) - Australia's Bega Cheese Ltd (BGA) said on Thursday it will buy the local dairy assets of Japanese drinks giant Kirin Holdings Co Ltd 2503.T for A$534 million ($393.29 million).

    Australia's top cheesemaker plans an equity raise of A$401 million to fund a portion of the purchase of Kirin's Lion Dairy & Drinks, the company said. ($1 = 1.3578 Australian dollars)

 
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Last
$5.18
Change
-0.025(0.48%)
Mkt cap ! $1.580B
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$5.17 $5.21 $5.15 $2.205M 425.8K

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