Asahi Group Holdings Ltd., the brewer that's buying European brands from Anheuser-Busch InBev NV worth $2.9 billion, is now pursuing deals in the U.S. that would help boost distribution of its Super Dry beer in the world's largest economy.
Tokyo-based Asahi is willing to spend ¥400 billion ($3.7 billion) starting next year, which includes raising debt and ¥100 billion in cash, on further acquisitions, President Akiyoshi Koji said in a recent interview.
The company is mainly seeking overseas investments to strengthen its alcoholic and nonalcoholic beverage businesses, said Koji.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.