Kirin Looks To Take Blackmores Private

Apr 27, 2023

∙ Paid

Japan's Kirin Holdings (2503 JP) has proposed taking Aussie vitamin play Blackmores Ltd (BKL AU) private by way of a Scheme at A$95/share.
That's a 23.7% premium to last close, and represents 23.1x LTM December 2022 EBITDA.
Irrevocables are 18% of shares out. This Scheme requires clearance from ACCC, FIRB - and China's SAMR.

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