Nov 26 (Reuters) - Australia's Bega Cheese Ltd BGA.AX said on Thursday it will buy the local dairy assets of Japanese drinks giant Kirin Holdings Co Ltd 2503.T for A$534 million ($393.29 million).
Australia's top cheesemaker plans an equity raise of A$401 million to fund a portion of the purchase of Kirin's Lion Dairy & Drinks, the company said.
($1 = 1.3578 Australian dollars)