Asahi Buys Fuller's Beer Business For $327 Million

Asahi buys Fuller's beer business for $327 million

LONDON--Japanese brewer Asahi is buying the beer business of Britain's Fuller Smith & Turner's for 250 million pounds ($327 million), in a deal that includes its flagship London Pride.

The deal announced Friday includes the Griffin Brewery in the London neighborhood of Chiswick, where the company was founded in 1845, and will allow Fuller's to focus on its pub and hotel holdings.