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Asahi to buy five AB InBev East European beer brands

Wednesday, December 14, 2016 - 05:50

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Asahi is hoping to offset slow growth in its home market.

Tokyo

JAPAN'S Asahi Group Holdings Ltd has agreed to buy five East European beer brands from Anheuser-Busch InBev for about 900 billion yen (S$11.1 billion) in a deal to be announced soon, the Nikkei business daily said.

Anheuser-Busch InBev had agreed to sell the brands, which

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