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Business

Asahi in $7.8bn deal for AB InBev Eastern Europe arm

Biggest acquisition of overseas operations by a Japanese brewer

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  © Reuters

TOKYO -- Asahi Group Holdings on Tuesday reached a broad agreement to acquire Anheuser-Busch InBev's operations in five Eastern European countries for about 900 billion yen ($7.81 billion).

This stands to be the biggest acquisition of overseas brewing operations by a Japanese company. Asahi is expected to announce the deal later in the afternoon.

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