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United Kingdom

Fancl Corp (4921.T)

4921.T on Tokyo Stock Exchange

2,495JPY
23 Aug 2019
Change (% chg)

¥14 (+0.56%)
Prev Close
¥2,481
Open
¥2,485
Day's High
¥2,512
Day's Low
¥2,463
Volume
693,700
Avg. Vol
1,011,777
52-wk High
¥3,330
52-wk Low
¥2,082

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Tue, Aug 6 2019

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Brewer Kirin to buy 30.3% stake in cosmetics firm Fancl for $1.2 billion

TOKYO Japanese brewer Kirin Holdings Co Ltd said on Tuesday it would take a 30.3% stake in cosmetics company Fancl Corp for 129 billion yen ($1.21 billion) as it reduces its exposure to the shrinking domestic beer market.

UPDATE 1-Brewer Kirin to buy 30.3% stake in cosmetics firm Fancl for $1.2 bln

* Strategy contrasts with Asahi's beer buying spree (Adds background on deal)

Kirin to take 30.3% stake in Fancl for $1.2 bln

TOKYO, Aug 6 Japanese brewer Kirin Holdings Co Ltd said on Tuesday it would take a 30.3% stake in cosmetics company Fancl Corp for 129 billion yen ($1.21 billion) as it reduces its exposure to the shrinking domestic beer market.

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