Japanese brewer Asahi's shareholders to sell $1.3b stake in latest unwinding

Japanese brewer Asahi's shareholders to sell $1.3b stake in latest unwinding

The Tokyo Stock Exchange (TSE) in Japan.

Shareholders in Japan’s Asahi Group Holdings will sell some $1.3 billion worth of stock in the brewer to overseas investors, the company said on Thursday, in the latest unwinding of cross-shareholdings among big Japanese firms.

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