22nd Jan 2016 06:40
LONDON (Alliance News) - Japan's Asahi and Thailand's Thai Beverage have been named among the bidders which have progressed to the next round of bidding for SABMiller's Grolsch and Peroni beer brands, the Financial Times reported.
The pair were notified this week they had reached the second round of bidding for the two lager brands, which are being sold as part of SABMiller's takeover by rival Anheuser-Busch InBev NV in order to ease competition concerns about the mega-merger.
Thai Beverage is the brewer of Chang Beer.
In addition to the two Asian brewers, private equity firms Bain Capital, PAI Partners and EQT also are thought to have qualified for the next round, with the sale expected to fetch around EUR2.5 billion.
https://next.ft.com/content/4b76199a-c065-11e5-9fdb-87b8d15baec2
By Sam Unsted; [email protected]; @SamUAtAlliance
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