A PYMNTS Company

Japan: Asahi to make offer for Peroni, Grolsch brands

 |  January 10, 2016

Asahi Group Holdings  is considering acquiring SABMiller PLC’s Peroni and Grolsch beer brands in a deal estimated at several hundreds of billions of yen, informed sources said Saturday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Japanese beverage group is expected to make a bid for the two popular European beer brands as early as next week, the sources said.

    The bid, if accepted, is likely to give an additional boost to Asahi’s business in the region where the company’s flagship Super Dry beer is already widely accepted.

    Selling SABMiller’s assets would smooth the way for Anheuser-Busch InBev NV to take over the brewer by helping to clear antitrust hurdles in Europe.

    Full content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.