Freshfields Bruckhaus Deringer has advised Anheuser-Busch InBev, the world’s largest brewer and owner of the Budweiser, Stella Artois and Corona brands, on the sale of part of SAB Miller’s European business.
Anheuser-Busch InBev has received a binding offer from Asahi Group Holdings, Ltd. to acquire Peroni and Grolsch for €2,550 million on a debt free/cash free basis. The transaction is in line with Anheuser-Busch InBev’s commitment to proactively address potential regulatory considerations in connection with its recommended offer for SABMiller.

Asahi’s offer is conditional on the successful closing of the recommended acquisition of SABMiller by AB InBev as announced on 11 November 2015, which itself contains certain regulatory pre-conditions and conditions.

The Freshfields team was led by corporate partners Bruce Embley and Natascha Doll, assisted by senior associate Sarah Mulryan and associate Ben Harding.