Asahi Submits Bid for SABMiller’s Grolsch, Peroni and Meantime Brands

Dear Client:We were expecting a bid from Asahi this week for SABMiller's European premium brands and early this morning it came through.As you know, Anheuser-Busch InBev is shedding the brands to ease regulatory concerns in their quest to takeover SABMiller. ABI confirmed earlier today that "it received a binding offer from Asahi Group Holdings, Ltd. to acquire them."SABMiller has since been informed by ABI of Asahi's offer to acquire their "Peroni, Grolsch and Meantime brands and their associated businesses in