Suntory makes offer to buy out minority shareholders in Singapore-based food and health supplements company Cerebos Pacific; Suntory currently owns 82% of Cerebos; buyout offer would cost Suntory S$365M

LOS ANGELES , August 1, 2012 () – Suntory has made an offer to buy out minority shareholders in Singapore-based food and health supplements company Cerebos Pacific, Reuters reported Aug. 1.

Suntory currently owns 82% of Cerebos. If the buyout offer is accepted, the acquisition would cost Suntory S$365 million (US$293.4 million). The deal values Cerebos at more than S$2 billion.

The primary source of this article is Reuters, London, England, on Aug. 1, 2012.

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