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India

Asahi Group Holdings Ltd (2502.T)

2502.T on Tokyo Stock Exchange

4,124JPY
27 Nov 2020
Change (% chg)

¥-64 (-1.53%)
Prev Close
¥4,188
Open
¥4,160
Day's High
¥4,160
Day's Low
¥4,104
Volume
1,670,200
Avg. Vol
2,718,028
52-wk High
¥5,306
52-wk Low
¥3,006

Latest Key Developments (Source: Significant Developments)

Japan's Asahi Group Holdings Says To Issue Total Number Of New Shares Announced On Aug 25 In Third-Party Allotment
Friday, 9 Oct 2020 

Oct 9 (Reuters) - :JAPAN'S ASAHI GROUP HOLDINGS SAYS TO ISSUE TOTAL NUMBER OF NEW SHARES ANNOUNCED ON AUG 25 IN THIRD-PARTY ALLOTMENT.  Full Article

Asahi Group Holdings - Completed Procedures For Acquisition Of AB Inbev's Australia Unit
Monday, 1 Jun 2020 

June 1 (Reuters) - Asahi Group Holdings Ltd <2502.T>::COMPLETES PROCEDURES FOR ACQUISITION OF AB INBEV'S AUSTRALIA UNIT.  Full Article

Osotspa Pcl Buys 60% Stake In Calpis Osotspa Co From Asahi Group Holdings Southeast Asia
Tuesday, 28 Jan 2020 

Jan 28 (Reuters) - Osotspa PCL ::OSOTSPA PCL- ACQUIRED 60% STAKE IN CALPIS OSOTSPA COMPANY FROM ASAHI GROUP HOLDINGS SOUTHEAST ASIA PTE. LTD.OSOTSPA PCL - TOTAL TRANSACTION VALUE 270 MILLION BAHT.  Full Article

Asahi Group Holdings Says It Will Issue Up To 200 Billion Yen In Ordinary Shares To Fund Acquisition Of Carlton & United Breweries
Friday, 19 Jul 2019 

July 19 (Reuters) - Asahi Group Holdings Ltd <2502.T>::ASAHI GROUP HOLDINGS SAYS IT WILL ISSUE UP TO 200 BILLION YEN IN ORDINARY SHARES TO FUND ACQUISITION OF CARLTON & UNITED BREWERIES.  Full Article

AB InBev Sells Carlton & United Breweries To Asahi Group Holdings
Friday, 19 Jul 2019 

July 19 (Reuters) - Anheuser Busch InBev SA ::ANHEUSER-BUSCH INBEV AGREES TO SELL CARLTON & UNITED BREWERIES TO ASAHI GROUP HOLDINGS, LTD.ALL OF PROCEEDS FROM DIVESTITURE OF AUSTRALIAN BUSINESS WILL BE USED BY COMPANY TO PAY DOWN DEBT.AB INBEV'S COMMITMENT TO REACH A NET DEBT TO EBITDA TARGET RATIO OF BELOW 4X BY END OF 2020 IS NOT DEPENDENT ON COMPLETION OF THIS TRANSACTION.CARLTON & UNITED BREWERIES (CUB) SOLD FOR AUD 16.0 BILLION.SELLING PRICE IS IN ENTERPRISE VALUE.TRANSACTION REPRESENTS AN IMPLIED MULTIPLE OF 14.9X 2018 NORMALIZED EBITDA.TRANSACTION IS EXPECTED TO CLOSE BY THE FIRST QUARTER OF 2020..AB INBEV WILL GRANT ASAHI GROUP HOLDINGS, LTD. RIGHTS TO COMMERCIALIZE PORTFOLIO OF AB INBEV'S GLOBAL AND INTERNATIONAL BRANDS IN AUSTRALIA.  Full Article

Fuller, Smith & Turner Says AEL Got CMA Confirmation On No Further Questions Regarding Disposal
Friday, 29 Mar 2019 

March 29 (Reuters) - Fuller Smith & Turner PLC ::DISPOSAL UPDATE, BOARD CHANGES & CIRCULAR.PROPOSED DEAL FOR ENTERPRISE VALUE OF £250 MILLION.ENTERED INTO AN AGREEMENT FOR SALE OF ITS ENTIRE BEER BUSINESS TO ASAHI EUROPE LTD.EXPECTS TO COMPLETE CORPORATE REORGANISATION TO TRANSFER CERTAIN ASSETS AND LIABILITIES OF ITS BEER BUSINESS TO FULLER'S BEER.CONFIRMS AEL RECEIVED CONFIRMATION FROM CMA THAT THEY HAVE NO FURTHER QUESTIONS IN RELATION TO DISPOSAL.BOARD DECIDED TO DELAY ANNOUNCEMENT OF COMPANY'S FULL YEAR RESULTS FOR 52 WEEKS TO 30 MARCH 2019 UNTIL 25 JULY 2019.SIMON DODD WILL RESIGN AS MANAGING DIRECTOR OF FULLER'S BEER COMPANY AND AS A DIRECTOR OF COMPANY.JONATHON SWAINE WILL RESIGN AS MANAGING DIRECTOR OF FULLER'S INNS AND AS A DIRECTOR OF COMPANY.RICHARD FULLER TO RESIGN AS CORPORATE AFFAIRS DIRECTOR BUT WILL REMAIN ON BOARD AS A NON-EXECUTIVE DIRECTOR.  Full Article

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

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Japan's Asahi to sell $1.5 billion in shares to help pay for Australia beer unit

Japanese beverage maker Asahi Group Holdings said on Tuesday it would raise up to $1.5 billion in a share offering to help repay loans taken out to buy a beer company in Australia.