Japan’s Asahi Group Holdings said it will aim to halve its debt and forego overseas investments after spending $11 billion to buy the Australian operations of Anheuser-Busch InBev. “Basically, we are not considering any large-scale acquisitions,” said Atsushi Katsuki, who became Asahi’s new chief executive in March. The owner of brands including Asahi Super Dry, Peroni and Pilsner Urquell will aim to reduce its debt to EBITDA (earnings before interest, taxes, depreciation and amortization) to three times from six at the end of December.
The News Highlights
- ‘MLB 21’ will be on Xbox Game Pass from day 1
- Check the latest Gaming news updates and information about games.
- Please share this news with your friends and family to support us your one share helps us a lot.
- Follow us on Facebook and Twitter, for similar updates.
For Latest News Follow us on Google News
- Show all
- Trending News
- Popular By week