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Beer brewer Kirin buys Dairy Farmers for A$910m

National Foods, a subsidiary of Japan’s Kirin, agreed on Monday to buy Australia’s largest milk processor, Dairy Farmers, for A$910m.The acquisition implies a multiple of 12.8 times fiscal Ebitda while the price tag includes an equity value of around A$675m while the rest (A$235m) is debt. Find out more details of the financing in this week’s EuroWeek.

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