Shareholders in Australian beverages giant Lion Nathan voted overwhelmingly in favour of a 3.3-billion-Australian-dollar (Bt97 billion) takeover offer from Japan's Kirin yesterday.
Kirin,Japan's biggest brewer by revenue, already owns 46.13 per cent of Lion Nathan, and shareholders voted 98.75 per cent in favour of handing over the remaining 53.87 per cent.
"In doing so, shareholders followed the unanimous recommendation of Lion Nathan's independent directors," Sydney-based Lion said in a statement to the market.
Final approval for the deal will be sought in the Federal court of Australia on October 7, it added.
Lion Nathan is Australia's second-largest brewer and owns beer brands such as Tooheys, XXXX, Heineken and Hahn.
Kirin, which also owns Dairy Farmers and National Foods in Australia, first bought into Lion Nathan in 1998. It received Australian regulatory approval for a complete takeover of the firm in June.
Kirin remains in merger talks with smaller Japanese rival Suntory Comnined, the companies have annual sales of about 3.8 trillion yen (Bt1.5 trillion), well ahead of the world's top brewer AB InBev.
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