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(Bloomberg) -- Kirin Holdings Co. agreed to buy Australian vitamins maker Blackmores Ltd. for A$1.88 billion ($1.2 billion) in cash, as part of a push by the Japanese brewer into health products to reduce its reliance on beer.
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>>> Read more: Beer Brewer Kirin Strikes $1.2 Billion Deal for Australiaâs Blackmores Vitamins
Most Read from Bloomberg
Tesla Drops Model Y Starting Price Below the Average US Vehicle Quants Are âOut of Ammoâ for Buying Stocks, Goldman Warns Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says First Republic Faces Potential Curb on Borrowing From...
>>> Read more: Beer Brewer Kirin Strikes $1.2 Billion Deal for Australiaâs Blackmores Vitamins