Asahi Breweries, Kagome to Form Business, Capital Tie-up
As part of the deal, Asahi will pay 16.6 billion yen (US$137.6 million) to acquire new Kagome stock in a private placement of shares on Feb. 21. With a 10.5 per cent stake, the brewer will become Kagome's leading shareholder.
"In the future, it's possible we could own the others' shares," Kagome President Koji Kioka told reporters.