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    C&C Acquires Asahi's UK Wholesale Business

    6 days ago

    9

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    C&C, the maker of Magners and Tennent’s, has agreed to purchase Asahi’s UK wholesale arm for a nominal sum. The acquisition includes customer and supplier relationships, intellectual property, and assets. C&C plans to integrate the business into its Matthew Clark Bibendum operations, enhancing its service and efficiency. Shares rose 6% following the announcement.
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