Australia's competition regulator on Thursday said it has preliminary conce...
A man walks past the logo of Asahi Group Holdings at the company's headquarters in Tokyo, Japan, May 17, 2016. REUTERS/Toru Hanai
- Australia’s competition regulator on Thursday said it has preliminary concerns about Japan’s Asahi Group Holdings Ltd’s proposed acquisition of domestic brewer Carlton & United Breweries. “The proposed acquisition would combine the two largest suppliers of cider in a highly concentrated market,” Australian Competition and Consumer Commission Chair Rod Sims said in a statement.
In July this year, Anheuser-Busch InBev , the world’s largest brewer, said it is selling its Australian operations to Asahi for $11 billion.
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