To focus on SABMiller brands already agreed to buy

* Looking for acquisition opportunities globally

* Can take up to $2.7 bln new debt to fund future acquisitions

Asahi Group Holdings Ltd will not bid for the Eastern European assets that SABMiller PLC is selling to appease anti-monopoly regulators, the president of Japan's biggest brewer said.

Carlsberg started the quarter by offloading a plot of land in Copenhagen for around US$90m. The sale, to Danish pension fund Danica, formed part of Carlsberg's plan to dispose of its non-core assets.

In late-2015, Anheuser-Busch InBev secured the takeover of SABMiller for US$107.3bn. Since then, the brewing giant has lined up several divestments of SAB assets. Here's a rolling list of the sell-offs A-B InBev has lined up to proceed once it closes the transaction, expected at some point in the second half of this year.

Anheuser-Busch InBev announced the intended sale of SABMiller's total presence in Central and Eastern Europe. Here's a breakdown of the brands and assets that are now available to purchase country by country:

Anheuser-Busch InBev , the world's largest brewer, intends to sell the Eastern European brewing assets of SABMiller to secure regulatory approval for its $100 billion-plus takeover of its rival.

AB InBev has already lined up Japan's Asahi Group Holdings to buy SABMiller's Grolsch, Peroni and Meantime brands for 2.55 billion euros ($2.90 billion) and said on Friday that it has put up for sale SABMiller's activities in the Czech Republic, Hungary, Poland, Romania and Slovakia.

Anheuser-Busch InBev , the world's largest brewer which is set to buy nearest rival SABMiller, believes future acquisitions are more likely to be in beer rather than branching out into other beverages, its chief executive said.

Analysts and investors are already speculating on AB InBev's next potential target -- with possibilities ranging from spirits company Diageo, unlisted French wine and beer group Castel, which has a large African presence, and Coca-Cola .

Heineken N.V. announced its trading update for the first quarter of 2016.

KEY HIGHLIGHTS

Consolidated beer volume grew 7.0% organically, positive across all regions
Heineken® volume in the premium segment grew 4.8%

The first quarter is seasonally less significant in terms of both volume and profit to full year HEINEKEN group results.

CEO STATEMENT

Jean-François van Boxmeer, Chairman of the Executive Board & CEO, commented:

Anheuser-Busch InBev has accepted Asahi's offer to acquire SABMiller's European premium brands, as it moves closer to completing its acquisition of SAB.

AB InBev, which put the SABMiller-owned brands up for sale last year after it secured the takeover of the UK-headquartered company, said on April 19 that it has agreed to Asahi's EUR2.55bn (US$2.87bn) offer for the Peroni, Grolsch and Meantime "brand families" and associated businesses in Italy, the Netherlands, the UK and internationally. The Japanese group's offer was first announced in February.

Anheuser-Busch InBev will invest 1 billion rand ($69 million) to support small South African farmers as part of concessions agreed with the government to secure regulatory approval for its $100 billion-plus takeover of SABMiller.

The world's biggest brewer said the concessions, which also include a five-year freeze on layoffs, were agreed with the South African Ministry of Economic Development.

Image: 

A conflict at Cerveceria Nacional SA, owned by SABMiller in Panama led to a general strike that stopped the production and distribution at the British-South African transnational for 18 days in July 2015.

The IUF affiliated Sitrafcorebgascelis requested an arbitration process at the local labour court and submitted its arguments before the court. Alejandro John, General Secretary of Sitrafcorebgascelis told that the union is still waiting for the arbitration tribunal to end and deliver the collective agreement.