AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

Belgian drinks giant Anheuser-Busch InBev (AB InBev) will sell its Australian business, Carlton & United Breweries (CUB), to Japanese drinks company Asahi Group for approximately $11.3 billion. Based in Melbourne, the portfolio of Carlton & United Breweries includes Foster’s, Victoria Bitter and Carlton. The company employs around 1500 people. As part of the sale agreement, […]