Brewer AB Inbev agrees sale of Peroni and Grolsch for €2.55bn

Budweiser brewer Anheuser-Busch InBev has agreed a €2.55bn deal to sell European lager brands Peroni and Grolsch as it moves a step closer to sealing its takeover of SABMiller.

Japanese brewer Asahi - known for its Super Dry beer - will buy Peroni and Grolsch in the UK and Europe, as well as London's Meantime brewery, which are being put up for sale by AB InBev to help ease regulatory concerns in the UK over its £71bn takeover of SABMiller.