Reuters – Asahi Group Suing Pacific Equity, Unitas
Japanese brewer Asahi Group Holdings Ltd is suing Pacific Equity Partners and Unitas Capital Pte Ltd, alleging they inflated the earnings of the Independent Liquor business it bought in 2011 for NZ$1.5 billion ($1.3 billion), Reuters reported. PEP and Unitas rejected the claims, saying in a joint statement they were untrue and unfounded. Asahi, the maker of Japan's top-selling "Super Dry" beer, is seeking unspecified damages for losses after an internal investigation uncovered what the company claims was misleading and deceptive conduct.
14 February 2013•2 mins read
