Asahi beer finds new Australian home
ASAHI beer has found a new Australian home with the imported brew now to be distributed and marketed by the Japanese giant's subsidiary Independent Distillers.
Asahi Breweries Ltd. said Thursday it has agreed to acquire P&N Beverages Australia Pty Ltd., the third-largest firm in beverage sales in Australia, for A$364 million, or 27.2 billion yen, through Asahi Holdings Pty Ltd.