Asahi to buy five AB InBev East European beer brands
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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 include the Czech market leader Pilsner Urquell, Poland's Tyskie and Lech, and Hungary's Dreher, to help get clearance from competition regulators for its US$100 billion takeover of SABMiller.
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