Business
Bega prepares $400m raising for Lion Dairy and Drinks buy – The Australian Financial Review
Bega Cheese is expected to raise up to $400 million to fund its purchase of Japanese drinks giant Kirin’s Lion Dairy and Drinks.
Bega Cheese is expected to raise up to $400 million to fund its purchase of Japanese drinks giant Kirin’s Lion Dairy and Drinks.
ASX-listed Bega Cheese is expected to tap investors for $400 million to buy Kirin’s Lion Dairy and Drinks.
Street Talk understands Bega will launch the offer later this week provided it completes negotiations with Kirin to buy the flavoured milk and yoghurt business.
The discussions were ongoing as of Monday morning.
The raising is expected to be split between a $180…
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