Asahi Group Holdings Ltd. (2502.TO) said Monday that its net profit for the nine-month period ended September grew 37% on year, due to efforts to scale down sales promotion and other costs. (more…)
Asahi Group Holdings Ltd., Japan’s biggest beermaker by volume, plans to take advantage of the world’s lowest interest rates and sell bonds for the first time since last year to finance overseas acquisitions. (more…)
* To buy 100 pct of Independent Liquor from private equity firms
* Asahi aims to hike overseas sales to 2-2.5 trln yen by 2015
* Japanese companies compete with foreign firms for deals
* Asahi president indicates more overseas deals likely
* Asahi shares rise 1.7 pct in broader market down 1.3 pct (Adds details) (more…)
With SABMiller PLC taking the gloves off in a $10 billion hostile offer to buy Australia’s Foster’s Group Ltd., it’s tempting to imagine what might have been for Japan’s Asahi Group Holdings Ltd. (more…)
Asahi Group Holdings Ltd., Japan’s largest brewer by volume, is close to an agreement to buy New Zealand’s Independent Liquor for about NZ$1.5 billion ($1.2 billion), two people with knowledge of the matter said. (more…)
Asahi Group Holdings Ltd. (2502.TO) said Tuesday that its net profit for the interim period ended June 30 grew 4.7% from the previous year, in part due to lower expenses. (more…)
Asahi Group Holdings Ltd. (2502) said Tuesday that it will sell its entire 55% interest in China’s Hangzhou Xihu Beer Asahi Co., or Hangzhou Beer, due to a disagreement with its local joint venture partner.
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Asahi Breweries Ltd. (2502) and Kirin Holdings Co. will jointly distribute some beverages in Tokyo to cut costs and emissions at the nation’s two largest beermakers. (more…)
Asahi Breweries Ltd. (2502.TO) said Monday it will postpone the planned shutdown of its brewery in Nishinomiya, western Japan, by one year to provide stable beer supplies amid concerns about power shortages in the east of the country after the March 11 earthquake and tsunami. (more…)
Japan’s Asahi Breweries Ltd. said that it will put off closing its Nishinomiya plant by one year to the end of August 2012 since power shortages at Tohoku and Kanto facilities will hamper efforts to raise output. (more…)
