Japan's Kirin to buy Australian natural health firm Blackmores for $1.27b

Japan's Kirin to buy Australian natural health firm Blackmores for $1.27b

FILE PHOTO: Japanese brewer Kirin Holdings' logo is seen at its factory in Toride, Ibaraki Prefecture, Japan July 14, 2017. REUTERS/Kim Kyung-Hoon

Japan’s Kirin Holdings said on Thursday that it plans to acquire a 100% stake in Australia’s natural health firm Blackmores Ltd for about 169.2 billion yen ($1.27 billion).