Japan. It’s Miller time for Asahi
You can make the best products in the world, but distributing them to customers is where a consumer company wins big. (more…)
You can make the best products in the world, but distributing them to customers is where a consumer company wins big. (more…)
Asahi Group Holdings is offering a little over 400 billion yen ($3.48 billion) to purchase two European beer brands from SABMiller, proposing the biggest-ever overseas acquisition by a Japanese beer company. (more…)
Heineken International BV is likely to buy out Vijay Mallya and PAC stake in United Breweries at Rs 920/share, sources say. (more…)
Expanding in the ASEAN might make better sense.
Analysts are wary over Fraser and Neave’s involvement in the EUR3 billion sale of premium European beer brands Peroni and Grolsch. (more…)
Breweries major AB InBev has received fair trade regulator CCI’s approval to acquire its close rival SABMiller for about 71 billion pounds. (more…)
Within the framework of the previously signed agreement, on January 28 Singha Asia Holding transferred $650 million of investment for purchasing shares of Masan Group. Of this, $600 million were transferred to pay 14.3% of the shares of Masan Consumer Holdings (MCH), and the remaining $50 million were for payment of 33% of the shares of Masan Brewery. (more…)
US private equity firm KKR has announced its full exit from Vietnamese portfolio investee Masan Group, in which it invested $359 million in two rounds. (more…)
Thai Beverage (TBEV.SI) has used its Singapore-listed unit Fraser and Neave (FRNM.SI) to bid for SABMiller’s (SAB.L) Peroni and Grolsch beer brands, the Thai firm’s Chief Executive Thapana Sirivadhanabhakdi said on Monday. (more…)
Thai Beverage (ThaiBev) is one of four companies vying for three beer brands put on sale by Anheuser-Busch InBev, according to Financial Times. (more…)
Asahi and Thai Beverage, the maker of Chang beer, were notified this week that they had qualified for the next round of bidding in Anheuser-Busch InBev’s €2.5 billion auction of the Peroni, Grolsch and Meantime beer brands. (more…)