Japanese brewer Asahi ready to spend "billions of dollars" on acquisitions

Japanese brewer Asahi ready to spend "billions of dollars" on acquisitions

Tokyo businessmen toast with mugs of Asahi Breweries' beer after their office hours at a beer garden at the rooftop of Nihonbashi-Mitsukoshi department store in Tokyo July 30, 2013. REUTERS/Issei Kato

Japan’s Asahi Group Holdings is ready to spend “billions of dollars” more on acquisitions, after having recently spent $11 billion to acquire beer brands across Europe from Anheuser-Busch InBev, its top executive said.

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