AB Inbev sells some brands

Anheuser-Busch InBev has entered an agreement to sell five beer brands in Eastern Europe to Japan-based Asahi. The purchase price is US$7.8 billion.

Asahi will acquire brands in the Czech Republic, Slovakia, Poland, Hungary, and Romania along with other related assets, that were owned by SABMiller prior to its combination with AB InBev. It will also acquire the IP rights relating to the brands, including Pilsner Urquell (excluding in the U.S. and Puerto Rico), Tyskie, Lecher and Dreier.