Asahi Group Holdings announces plans to buy Grolsch and Peroni

Asahi Group Holdings Ltd will soon submit a bid to buy Grolsch and Peroni beer brands from SABMiller

Asahi Group Holdings Ltd will soon submit a bid to buy Grolsch and Peroni beer brands from SABMiller // Image via Reuters

Japanese beverage maker Asahi Group Holdings Ltd will submit a bid as early as next week to buy SABMiller PLC’s Grolsch and Peroni beer brands for as much as $3.41 billion, reports Reuters.

If accepted, it would be the biggest overseas beverage acquisition ever by a Japanese company.

Indicative offers are due in mid-January, with hopes to clinch a deal by early March.

[H/T Reuters]


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