By Benjamin Horney ( May 17, 2016, 6:30 PM EDT) -- Japan brewer Asahi Group Holdings Ltd. has no plans to bid for the Eastern European assets SAB Miller PLC intends to sell to alleviate competition regulators' concerns about its planned tie-up with Anheuser-Busch InBev SA, Reuters reported Tuesday. According to the report, Asahi is instead focused on increasing sales for the Grolsch, Meantime and Peroni brands it acquired from SABMiller in late April, a deal that was also swung to appease regulators. Asahi inked an agreement in April to snap up all of the issued shares in SABMiller's operations in Italy, Netherlands and the U.K. related to the Grolsch, Meantime and Peroni brands, except for intellectual property rights related to Grolsch and Peroni in the U.S. and Puerto Rico. ...
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