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Asahi Group Holdings Ltd (2502.T)

2502.T on Tokyo Stock Exchange

4,838JPY
6:00am GMT
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¥138 (+2.94%)
Prev Close
¥4,700
Open
¥4,731
Day's High
¥4,848
Day's Low
¥4,727
Volume
1,654,200
Avg. Vol
1,296,894
52-wk High
¥6,069
52-wk Low
¥4,023

Latest Key Developments (Source: Significant Developments)

Fuller,Smith & Turner To Sell Beer Business To Asahi Europe For 250 Mln Stg
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Fuller Smith & Turner PLC ::DISPOSAL AND TRADING UPDATE.PROPOSED DEAL FOR ENTERPRISE VALUE OF £250 MILLION ON A DEBT FREE, CASH FREE BASIS.NET CASH PROCEEDS OF PROPOSED DISPOSAL ARE EXPECTED TO BE APPROXIMATELY £205 MILLION AT DEAL COMPLETION.ENTERED INTO AN AGREEMENT FOR SALE OF ITS ENTIRE BEER BUSINESS TO ASAHI EUROPE LTD.UNDER TERMS OF PROPOSED DISPOSAL, AEL WILL ACQUIRE BRANDS OF BEER BUSINESS.A RETURN OF DEAL PROCEEDS BETWEEN £55 MILLION TO £69 MILLION OF NET CASH PROCEEDS EXPECTED TO BE DISTRIBUTED TO ORDINARY SHAREHOLDERS.PROPOSED DISPOSAL IS NOT ANTICIPATED TO IMPACT LEVEL OF DIVIDEND PAYMENTS.BOARD ALSO INTENDS TO USE SOME OF NET CASH PROCEEDS TO MAKE A CONTRIBUTION TO PENSION SCHEME.AEL TO ACQUIRE BRANDS OF BEER BUSINESS,LICENCE, ON PERPETUAL, GLOBAL, EXCLUSIVE, ROYALTY-FREE BASIS, TO USE CERTAIN TRADE MARKS.OWNERSHIP OF LICENSED TRADE MARKS WILL BE RETAINED BY FULLER'S.LIKE FOR LIKE SALES IN MANAGED PUBS AND HOTELS HAVE RISEN 5.6 PER CENT IN LAST 10 WEEKS.FOR 42 WEEK PERIOD, LIKE FOR LIKE SALES IN MANAGED PUBS AND HOTELS HAVE RISEN 4.7 PER CENT.LIKE FOR LIKE SALES FOR DECEMBER ROSE 8.7 PER CENT AND OUR PRE-BOOKED COVERS ROSE BY 16 PER CENT.LFL PROFITS IN TENANTED INNS ROSE 2 PERCENT, TOTAL BEER AND CIDER VOLUMES IN FULLER'S BEER CO REMAINED LEVEL FOR 42 WEEK PERIOD.SAYS "WE ARE IN AN UNCERTAIN AND CHALLENGING CONSUMER ENVIRONMENT".  Full Article

United & Collective to issue 136,900 shares to ASAHI BREWERIES and TAKARA SHUZO for 399.7 mln yen
Friday, 13 Jul 2018 

July 13 (Reuters) - United & Collective Co Ltd <3557.T>:Says it plans to issue 136,900 shares of its common stock to ASAHI BREWERIES, LTD. and TAKARA SHUZO CO.,LTD via private placement on July 31, for 399.7 million yen in total.  Full Article

First Pacific Proposes To Purchase Stake In AIBM and IASB
Friday, 22 Dec 2017 

Dec 22 (Reuters) - First Pacific Co Ltd <0142.HK>::UNITS OF INDOFOOD TO BUY & UNIT OF ASAHI TO SELL, 617,100 SHARES IN PT ASAHI INDOFOOD BEVERAGE MAKMUR AND 632,100 SHARES IN IASB.TOTAL CONSIDERATION FOR SALE SHARES SHALL BE US$20 MILLION.  Full Article

Asahi Group Holdings says unit in deal to divest stake in beverages JVs in Indonesia
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Asahi Group Holdings Ltd <2502.T> ::Says its unit Asahi Group Holdings Southeast Asia Pte Ltd enters into agreement to sell entire 51 percent stake in PT Asahi Indofood Beverage Makmur and 49 percent stake in PT Indofood Asahi Sukses Beverage.Says transaction amount is $20 million (about 2.3 billion yen).  Full Article

Fosun International Says Fosun Industrial To Buy Shares Of Tsingtao Brewery For HK$6.62 Bln
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Fosun International Ltd <0656.HK>::FOSUN INTERNATIONAL -FOSUN INDUSTRIAL, PEAK REINSURANCE, & OTHERS TO BUY 243.1 MILLION SHARES OF TSINGTAO BREWERY CO FOR HK$6.62 BILLION FROM ASAHI GROUP.‍ DEAL FOR HK$27.22 PER SHARE​.  Full Article

Asahi Group Says To Sell Its Stake In Tsingtao To Tsingtao Brewery Group, Fosun Industrial Holdings, Others -Statement
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Asahi Group Holdings Ltd <2502.T>::TO SELL ALL OF ITS 106 BILLION YEN STAKE IN CHINA'S TSINGTAO BREWERY -STATEMENT.TO SELL ITS STAKE IN TSINGTAO TO TSINGTAO BREWERY GROUP, FOSUN INDUSTRIAL HOLDINGS, OTHERS -STATEMENT.  Full Article

Asahi Group Holdings to sell unit LB
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Asahi Group Holdings Ltd <2502.T>:Says it will sell 100 percent stake in LB Co.LTD, which is engaged in sale and manufacture of beverage, with undisclosed price, effective Nov. 30 .  Full Article

Asahi Group to sell soft drink unit LB -Nikkei
Wednesday, 25 Oct 2017 

Oct 26 (Reuters) - Nikkei::Asahi Group to sell soft drink unit LB for expected deal value of 20 billion yen and use proceeds to pay down debt & to invest in Europe and Asia.  Full Article

Japan's Asahi mulling possibility of selling stake Tsingtao Brewery
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Tsingtao Brewery Co Ltd <600600.SS><0168.HK>:Says its second biggest shareholder Japan's Asahi Group Holdings is studying the possibility to sell entire or partial stake in the company.Says Asahi Group currently holds 270.1 million H-shares in the company, representing 19.99 percent of total issued share capital.  Full Article

Japan's Daiwa aims to tap private equity ties in push for Europe advisory gigs

TOKYO, Feb 5 Daiwa Securities Group Inc plans to leverage its close relations with mid-market European private equity funds looking to sell assets, as it works to advise more Japanese companies bent on sealing M&A deals on the continent.