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Business

Asahi has its eyes on Grolsch, Peroni

TOKYO -- Top Japanese brewer Asahi Group Holdings is taking a gamble amid a new wave of global consolidation.

Asahi's headquarters in Tokyo is shown in this photo taken in November 2015.

     Asahi is poised to submit a bid to buy Grolsch and Peroni, two brands of beer owned by U.K.-based SABMiller. A deal could be worth around 400 billion yen ($3.37 billion).

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