Asahi buys NZ firm for $1.3 bln in pre-mixed drinks push

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* 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…)

Why Asahi Isn’t Buying Foster’s

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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 Breweries Delays West Japan Plant Closure Amid Supply Concerns

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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 to Keep Hyogo Brewery Open Another Year

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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…)