Asahi Group Holdings Ltd. wants to grow its overseas business to about a third of sales with more acquisitions as the nation¡¯s largest brewer seeks to offset a falling beer market at home.
Further acquisitions would follow the company agreeing to buy about $11 billion of SABMiller PLC¡¯s brands.
¡°The domestic market is turning out stable cash flow but we want overseas markets to be our growth engine,¡± Asahi President Akiyoshi Koji, 65, said in an interview Tuesday at the brewer¡¯s Tokyo headquarters.
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