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Business deals

Asahi to buy AB InBev's Australian unit in $11.3bn deal

Japanese brewer hopes Victoria Bitter maker Carlton offsets shrinking home market

Asahi produces Super Dry, while Carlton is best known as the brewer of Victoria Bitter. (Source photos by Jiji)

TOKYO -- Asahi Group Holdings, Japan's biggest brewer, has struck a deal to acquire leading Australian player Carlton & United Breweries.

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