Kirin Holdings Co. Ltd shares prices august 3 2011

Indonesia stock info - Kirin Holdings Co. Ltd shares prices august 3 2011 ; Kirin's move highlights an aggressive global shopping spree this year by Japanese companies seeking to benefit from a strong yen, which makes overseas deals more affordable, and abundant cash. The March 11 earthquake and tsunami added to their drive to secure new business outside of Japan.
Data from Dealogic shows that the value of overseas takeovers and acquisitions by Japanese firms so far in 2011 is up 110 percent from a year earlier to $46.7 billion.

Kirin's latest purchase is the third-biggest overseas deal this year and the second-biggest Japanese acquisition in Latin America on record, according to Dealogic. It follows Takeda Pharmaceutical's $13.7 billion purchase of Switzerland's Nycomed and Terumo Corp.'s $2.6 billion takeover of Colorado-based CaridianBCT Holding Corp. earlier this year.

Under Tuesday's deal worth 3.95 billion Brazilian reals, Kirin acquired all outstanding shares of Aleadri-Schinni Participacoes e Representacoes S.A., which holds 50.45 percent of Schincariol.

But Schincariol minority shareholders led by Gilberto, Daniela and Jose Augusto Schincariol oppose the sale and said they would block it

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