Archives for August 17, 2011

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Asahi to acquire Independent Liquor

By Kacey Culliney

Japan’s Asahi Group Holdings today announced an agreement to acquire 100% of Independent Liquor from Pacific Equity Partners and Unitas Capital in a 97.6bn Yen ($1.28bn) deal.

Vitafoods Asia 2011 preview

Western diets drive Asian functional foods development

By Shane Starling

Asia Pacific markets are ripe for functional foods development as a response to the increasing prevalence of western diets, says Katrina Diamonon, consumer analyst at market researcher, Datamonitor.