Kirin, Japan's largest diversified drinks conglomerate, announced on Thursday that it is interested in purchasing the part of Lion Nathan that it doesn't already own. Kirin currently holds 46.13% of Lion Nathan, the second-largest beer, wine and spirits company in Australasia. Lion Nathan confirmed Thursday that it has received an approach, and that it has set up a committee of directors independent of Kirin to consider the proposal. Lion Nathan's shares were then suspended ahead of a statement. A price has been put forward by Kirin, but has not been publicly released.
A Kirin press release states that trading will resume on Monday, April 27, if Lion Nathan decides not to respond to Kirin's...
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