Asahi sees yen windfall on AB InBev beer deal

Business / Corporate Aug 4, 2016

Asahi sees yen windfall on AB InBev beer deal

Asahi Group Holdings Ltd. could save about ¥30 billion ($297 million) on its purchase of European beer brands from Anheuser-Busch InBev NV because the yen has strengthened since the firms cut the deal. The brewer expects its purchase of Peroni, Grolsch and Meantime beers to ...