Edition:
United Kingdom

Asahi Group Holdings Ltd (2502.T)

2502.T on Tokyo Stock Exchange

4,775JPY
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Fri, Jan 25 2019

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Japan's Asahi looks beyond Brexit Britain with Fuller's beer buy

Japanese brewer Asahi Group is buying the British beer business of Fuller, Smith & Turner, seizing the opportunity to further its overseas reach as other companies wrestle with growing uncertainty over Brexit.

Japan's Asahi looks beyond Brexit Britain with Fuller's beer buy

Japanese brewer Asahi Group is buying the British beer business of Fuller, Smith & Turner, seizing the opportunity to further its overseas reach as other companies wrestle with growing uncertainty over Brexit.

UPDATE 3-Japan's Asahi looks beyond Brexit Britain with Fuller's beer buy

* Japan PM Abe has urged orderly Brexit (Adds context, analyst comments, graphic)

UK's Fuller, Smith & Turner to sell beer business to Japan's Asahi

Jan 25 British pub operator and brewer Fuller, Smith & Turner said it had agreed to sell its beer business to a European unit of Tokyo-based Asahi for an enterprise value of 250 million pounds ($327 million) on a debt and cash free basis.

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