Asahi gets conditional Australia approval for $11b purchase of AB InBev unit

Asahi gets conditional Australia approval for $11b purchase of AB InBev unit

A bottle of Asahi on a tabletop in a restaurant in Shanghai. Photo by Bob Jansen

Japan’s Asahi Group Holdings Ltd won conditional approval from Australia’s competition regulator for its $11 billion purchase of Anheuser-Busch InBev’s domestic operations after agreeing to sell five beer and cider brands.