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Announced

Completed

Asahi Group completed the acquisition of Carlton & United Breweries from Anheuser-Busch InBev for $11.3bn.

Financials

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Transaction Value£9,052m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA14.9x
Share Price Premium-
One Off Charge-

Synopsis

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Asahi Group, a beer and soft drink company based in Tokyo, completed the acquisition of Carlton & United Breweries, the Australian subsidiary of Anheuser-Busch InBev, a multinational drink and brewing holdings company, for $11.3bn. “This is a very exciting time to be part of the Asahi Beverages family as we embark on the next chapter, as the Oceania regional hub for Asahi. The acquisition of CUB will mean that Asahi Beverages is able to offer customers and consumers an even broader range of great tasting beverages with the addition of some of Australia’s most popular and well-loved beer brands,” Peter Margin, Asahi Chairman.

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