The Aashi Breweries billboard and other illuminated signboards in the Dotonbori area of Osaka, a popular area for night life and entertainment. Photo: Handout

Anheuser-Busch catches bankers by surprise with a US$11.3 billion sale to Asahi, after scrapping its US$9.8 billion Hong Kong IPO

  • Anheuser-Busch agreed on Friday to sell its Australian unit to Asahi Group Holdings of Japan for US$11.3 billion
  • The deal, Plan B for Anheuser-Busch CEO Carlos Brito, had been in the works for months, according to people familiar with the matter
Topic |   Mergers & Acquisitions

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The Aashi Breweries billboard and other illuminated signboards in the Dotonbori area of Osaka, a popular area for night life and entertainment. Photo: Handout
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