Kian Joo accepts $442m offer from Aspire

Malaysia’s largest canmaking company Kian Joo Can Factory has accepted a RM1.46 billion US$442m) takeover bid from a local partnership. It means a much higher offer from Japan’s Toyota Tsusho group has been rejected, but Kian Joo’s shareholders have yet to approve the latest deal.

To continue reading,
please login or subscribe to The Canmaker

Recent Articles