On the Street: Asahi Buying House Foods/Mineral Water Corp.

April 9, 2010

On the Street: Asahi Buying House Foods/Mineral Water Corp.

April 8/Tokyo/FactSet Flashwire -- Asahi Soft Drinks Co Ltd., a subsidiary of Asahi Breweries Ltd., agreed to acquire the asset and business of House Foods Corp for 5.3 billion yen ($56.6 million). The assets to be acquired operate business under the brand name of Rokkono Oishimizu.

From the April 12, 2010, Prepared Foods E-dition

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