Pursuant to that share purchase agreement, an asset sale agreement has also been entered into between P&N and Tru Blu Beverages Pty Ltd for P&N to sell its carbonated soft drinks and cordial businesses to TBB, which will result in Asahi acquiring the water and juice businesses of P&N.
Asahi Group Holdings has also given notice of intention to make a takeover offer to acquire 100% of the issued share capital of Charlie’s Group Limited for NZ$0.44 per share in cash.
Source: Asahi
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