Key Developments: Asahi Group Holdings Ltd (2502.T)

2502.T on Tokyo Stock Exchange

2,843JPY
16 Apr 2014
Price Change (% chg)

¥46 (+1.64%)
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¥2,797
Open
¥2,810
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¥2,850
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¥2,800
Volume
1,143,400
Avg. Vol
2,069,760
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¥2,996
52-wk Low
¥2,252

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Latest Key Developments (Source: Significant Developments)

Asahi Group Holdings subsidiary to acquire dairy business from Etika International Holdings
Wednesday, 9 Apr 2014 08:00pm EDT 

Asahi Group Holdings Ltd:Says Singapore-based subsidiary Asahi Group Holdings Southeast Asia Pte. Ltd. (AGHSEA) will acquire all issued shares in 12 companies engaged in dairy business in Southeast Asia from Etika International Holdings Ltd.AGHSEA will also acquire relevant intellectual property of the 12 companies including trademarks, with transaction price totaling about $329 mln.Says transaction to be closed in late June under approval of Etika’s shareholders and consents and authorizations from relevant governmental bodies.  Full Article

Asahi Group Holdings Ltd's subsidiary to acquire shares of Chimney Co Ltd
Tuesday, 4 Mar 2014 02:30am EST 

Asahi Group Holdings Ltd:Its subsidiary, Asahi Breweries, Ltd., to acquire 1,759,700 shares of Chimney Co Ltd from four Carlyle Group companies.Transaction to be conducted on March 5.Shares to be acquired represent 9.1 pct voting power in Chimney.  Full Article

Asahi Group Holdings Ltd announces resignation of chairman and CEO
Wednesday, 12 Feb 2014 01:00am EST 

Asahi Group Holdings Ltd:Says Hitoshi Ogita will resign from the position of chairman of the board, chief executive officer (CEO) and representative director of the company, in March.Says current president Naoki Izumiya will serve as president and CEO in the company.  Full Article

Asahi Group Holdings Ltd completes acquisition of business by subsidiaries' joint ventures
Monday, 27 Jan 2014 04:00am EST 

Asahi Group Holdings Ltd:Says PT Tirta Sukses Perkasa (TSP) and PT Tirta Makmur Perkasa (TMP), which are two joint ventures established by two joint ventures of a subsidiary Asahi Group Holdings Southeast Asia Pte. Ltd., have completed to acquire drinking water business from 22 group companies of PT Tirta Bahagia.Says transaction price at approximately 2.2 trillion ringgit (approximately 18.9 billion yen).  Full Article

R&I affirms Asahi Group Holdings Ltd's rating at "A+" and announces outlook stable
Monday, 16 Dec 2013 01:16am EST 

Asahi Group Holdings Ltd:Rating and Investment Information, Inc. (R&I) affirmed Asahi Group Holdings Ltd's rating at "A+".Rating outlook stable.  Full Article

Asahi Group Holdings Ltd Announces Acquisition of Business by Joint Ventures Established by Joint Ventures of Subsidiary
Friday, 15 Nov 2013 04:15am EST 

Asahi Group Holdings Ltd announced that PT Tirta Sukses Perkasa (TSP) and PT Tirta Makmur Perkasa (TMP), which are two joint ventures established by two joint ventures of a subsidiary Asahi Group Holdings Southeast Asia Pte. Ltd., will acquire drinking water business from 22 group companies of PT Tirta Bahagia. TSP will acquire manufacturing assets and TMP will acquire sales assets, including land, plant, equipment, vehicle, inventory and brand, in March 2014. The transaction price is approximately IDR 2.2 trillion (approximately JPY 18.9 billion).  Full Article

Asahi Group Holdings Ltd Announces Establishment of Joint Ventures by Joint Ventures of Subsidiary and Indofood Cbp Sukses Makmur Tbk PT
Wednesday, 16 Oct 2013 05:15am EDT 

Asahi Group Holdings Ltd announced that PT Asahi Indofood Beverage Makmur (AIBM) and PT Indofood Aasahi Sukses Beverage (IASB), which are two joint ventures between Indofood Cbp Sukses Makmur Tbk PT and the Company's subsidiary Asahi Group Holdings Southeast Asia Pte. Ltd., will establish two joint ventures with PT Multi Bahagia (MB). AIBM will hold 80% stake and MB will hold 20% stake in a joint venture engaged in manufacture of bottled drinking water in Indonesia, while IASB will hold 80% stake and MB will hold 20% stake in a joint venture engaged in sale of bottled drinking water in Indonesia.  Full Article

Asahi Group Holdings Ltd and Indofood Cbp Sukses Makmur Tbk PT's Joint Ventures Completes Acquisition of Indonesia-based Beverage Company
Thursday, 12 Sep 2013 05:15am EDT 

Asahi Group Holdings Ltd announced that on September 12, 2013 PT Asahi Indofood Beverage Makmur (AIBM) and PT Indofood Asahi Sukses Beverage, each a joint venture company between Asahi and Indofood Cbp Sukses Makmur Tbk PT for non-alcoholic beverage businesses in Indonesia, have completed the purchase of all outstanding shares of PT Pepsi-Cola Indobeverages (PCIB), which subject to the approval of the relevant authority has changed its name to PT Prima Cahaya Indobeverages, the bottler of PepsiCo, Inc. in Indonesia. The purchase price is USD 30 million.  Full Article

Asahi Group Holdings Ltd And PT Indofood Asahi Sukses Beverage's Joint Venture Executes Share Purchase Agreement To Acquire Indonesian Beverage Company
Sunday, 7 Jul 2013 10:31pm EDT 

Asahi Group Holdings Ltd announced that PT Asahi Indofood Beverage Makmur (AIBM, Asahi’s consolidated subsidiary) and PT Indofood Asahi Sukses Beverage (IASB), each a joint venture company between Asahi and PT Indofood CBP Sukses Makmur Tbk (President Director and CEO: Mr. Anthoni Salim; ICBP) for non-alcoholic beverage businesses in Indonesia, entered into a share purchase agreement to acquire all the outstanding shares of PT Pepsi-Cola Indobeverages (PCIB), the exclusive bottler of PepsiCo, Inc. (PepsiCo) in Indonesia. AIBM and IASB will acquire all outstanding shares of PCIB from current shareholders, GU (holding 71.85%) and SUN (holding 28.15%). The purchase price is USD 30,000,000. PCIB will continue to bottle and sell PepsiCo products both during and after the completion of the transaction.  Full Article

Asahi Group Holdings Ltd and Indofood Cbp Sukses Makmur Tbk PT’s Joint Ventures to Fully Acquire PT Pepsi-Cola Indobeverages
Thursday, 27 Jun 2013 05:00am EDT 

Asahi Group Holdings Ltd announced that PT Asahi Indofood Beverage Makmur and PT Indofood Asahi Sukses Beverage, which are two joint ventures between Asahi Group Holdings and Indofood Cbp Sukses Makmur Tbk PT, will acquire a 71.85% stake in PT Pepsi-Cola Indobeverages from PT Gapura Usahatama and a 28.15% stake from Seven-Up Nederland B.V. (a total of 100% stake) for USD 30 million in late August 2013. PT Pepsi-Cola Indobeverages is engaged in manufacture and sale of soft drinks and carbonated drinks.  Full Article

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Asahi Group to buy South East Asia dairy operations from Etika

TOKYO - Asahi Group Holdings Ltd said on Thursday that it will buy the Southeast Asian dairy operations of Etika International Holdings Ltd for $329 million.

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