Supplements giant Blackmores agrees to $2 billion takeover by Japanese brewer

The Australian vitamin firm has struck an in-principle deal to sell to brewing giant Kirin
Australian Associated Press
Marcus Blackmore.

Japanese brewing giant Kirin has struck a deal to take over Australian vitamins company Blackmores.

Kirin Holdings announced on Thursday it had entered into an agreement with the ASX-listed Blackmores to buy out the company for $95 per share — valuing the company at $1.88 billion.