FANCL Endorses Kirin’s Raised Tender Offer

Fancl (JP:4921) has released an update.

FANCL Corporation supports Kirin Holdings Company’s revised tender offer, increasing the bid from JPY 2,690 to JPY 2,800 per share and extending the offer period to 51 business days until August 28, 2024. The company reaffirms its recommendation for shareholders to tender their shares, while leaving the decision to tender stock acquisition rights to the rights holders.

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