Asahi to buy Peroni, Grolsch from AB InBev

TOKYO: Japanese beer giant Asahi Group said on Tuesday it would buy the Peroni and Grolsch brands from the world’s top brewer Anheuser-Busch InBev, clearing a key regulatory hurdle for the Belgium-based firm’s tie-up with SABMiller.

Terms of the deal—which also includes UK craft brewer Meantime—were not released Tuesday, but AB InBev in February said Asahi had offered 2.55 billion euros ($2.8 billion) for the brands.