Asahi Group Holdings Ltd (2502.T)
18 May 2018
(Adds accounting period) Feb 15 (Reuters)- Asahi Group Holdings Ltd CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) ear ended Year ended Year to NEXT Dec 31, 2017 Dec 31, 2016 Dec 31, 2018 YEAR LATEST YEAR-AGO COMPANY COMPANY RESULTS RESULT FORECAST H1 FORECAST Sales 2.08 trln 1.71 trln 2.14 trln 998.00
* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+"-R&I
HONG KONG, Dec 21 The Hong Kong shares of Tsingtao Brewery Co Ltd are set to open down 6 percent on Thursday after a major Japanese shareholder reached deal to sell its entire stake in China's second-largest brewer.
TOKYO/HONG KONG Chinese conglomerate Fosun International is taking a large chunk of Tsingtao Brewery Co after Japan's Asahi Group Holdings said on Wednesday it would sell its entire 19.9 percent stake for a total of 106 billion yen ($937 million).
* Fosun and units acquiring 18 pct stake in Tsingtao for $844 mln
TOKYO, Dec 20 Japanese brewer Asahi Group Holdings said on Wednesday it would sell its 19.9 percent stake in China's Tsingtao Brewery Co to China's Fosun and others for a total of 106 billion yen ($937 million).
BRIEF-Asahi Group Says To Sell Its Stake In Tsingtao To Tsingtao Brewery Group, Fosun Industrial Holdings, Others -Statement
* TO SELL ALL OF ITS 106 BILLION YEN STAKE IN CHINA'S TSINGTAO BREWERY -STATEMENT
SINGAPORE/LONDON Brewing groups including Thai Beverage , Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco , people familiar with the matter said, with the $5 billion sale process by the government opening this week.
HO CHI MINH CITY Vietnam will kick off next month the sale of a majority stake in Sabeco , the country's biggest brewer and maker of the Bia Saigon and 333 beer brands, in an ambitious deal the government hopes will rake in at least $5 billion.
* Sabeco's shares have tripled over the past year (Add AB Inbev comment)