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Federal Court Approves Scheme of Arrangement

The Federal Court of Australia today approved the scheme of arrangement (“Scheme”) between Lion Nathan Limited (“Lion Nathan”) and its …

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October 7, 2009

The Federal Court of Australia today approved the scheme of arrangement (“Scheme”) between Lion Nathan Limited (“Lion Nathan”) and its non-Kirin shareholders under which Kirin Holdings (Australia) Pty Ltd (a wholly owned subsidiary of Kirin Holdings Company, Limited (“Kirin”) will acquire the remaining shares in Lion Nathan that it does not already own. The Federal Court’s approval of the Scheme follows approval by non-Kirin shareholders at the Scheme meeting held on 17 September 2009. No further action is required by non-Kirin shareholders.