Asahi Group Holdings announces plans to buy Grolsch and Peroni

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 … [ Read more]