An image of stocks on a display
Markets

Bernard Horn Comments on Asahi Group Holdings

Already impacted by a weaker Yen, Japan's Asahi Group Holdings (TSE:2502) dropped further on the acquisition of European beer brands from Anheuser-Busch InBev. Asahi defended the $7.8 billion deal, citing cost benefits and the ability to boost international sales. However, the stock price fell on concerns about the price paid and how the deal would be financed.

From the Polaris Global Value Fund 4th Quarter 2016 Commentary .

Premium Members

This article first appeared on GuruFocus .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Stocks