Top-tier firms help take Kirin-Lion Nathan takeover to completion
By ALB
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Thursday, 17 September 2009
Japanese food and beverage company Kirin Holdings will take full control of trans-Tasman brewer Lion Nathan after shareholders voted to approve the takeover.
Mallesons Stephen Jaques and Blake Dawson have played a hand in helping finalise the deal, which will see Kirin pick up the 54% of Lion Nathan it does not already own, for A$2.5bn.
Blake Dawson partners Carl Della Bosca and David Ryan will be revealing the fascinating insights into the takeover at the upcoming ALB M&A Masterclass in Melbourne and Sydney. Della Bosca and Ryan, along with Ian Williams and Vivian Chang, represented Kirin in the deal while a Mallesons team led by Meredith Paynter, Greg Golding, Sharon Henrick, Judy Sullivan and Nuncio D'Angelo acted for Lion Nathan.
The deal is the company's second largest acquisition in Australia (marginally smaller than its A$2.9bn acquisition of National Foods in 2008) meaning that the Mitsubishi-owned group now owns more than A$8bn worth of assets in Australia.