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Asahi may offer to buy SABMiller's Peroni, Grolsch brands in Europe

Transaction could be valued at as much as 400b yen: Yomiuri Shimbun

Published Tue, Jan 12, 2016 · 09:50 PM
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Singapore

ASAHI Group Holdings Ltd is considering making an offer for SABMiller Plc's Peroni and Grolsch brands in Europe, among other deals, as the largest Japanese beermaker seeks overseas growth amid a stagnating domestic market.

The European beer brands named in recent media reports are among the targets Asahi is considering for capital tie-ups, Asahi said in a statement on Tuesday, without naming the targets. The brewer of Asahi Super Dry plans to make an offer for Peroni and Grolsch in a transaction that may be valued at as much as 400 billion yen (S$4.9 billion), Yomiuri Shimbun reported on Saturday, without citing anyone.

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