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Fraser & Neave Expressed Interest to Buy Peroni, Grolsch Beers

  • SABMiller's Europe brands worth about 1.2b euros: Jyske Bank
  • Asahi, KKR among possible bidders, people familiar had said

Singapore-based Fraser and Neave Ltd. is interested in buying SABMiller Plc’s Peroni and Grolsch brands in Europe, adding to a list of global companies that are bidding for the European beer names.

“The company constantly evaluates and looks out for strategic opportunities to grow its business, and in this respect, it has expressed an interest to acquire the Peroni and Grolsch beer brands,” F&N said in a statement Tuesday. There’s no certainty of any transaction materializing, said the company controlled by Thai billionaire Charoen Sirivadhanabhakdi.