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Asahi, Kirin to Battle for Control of Australian Beer Market

Asahi, Kirin to Battle for Control of Australian Beer Market

   Sydney, Aug. 26 (Jiji Press)--With the acquisition of a leading Australian beer brewer, Asahi Group Holdings Ltd. <2502> will battle with Kirin Holdings Co. <2503>, a Japanese industry peer and second in the Australian market, for dominance in a country known for its beer culture.
   Asahi, which currently holds a market share of 1.2 pct in Australia, will rise to first place with the planned purchase of Carlton & United Breweries, or CUB, which holds a market share of some 45 pct, according to a private survey. The acquisition process is expected to be completed by March 2020 after gaining approval from Australian authorities.

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