City snapshot: AB InBev sells Australian brewing arm to Asahi for $11.3bn

Anheuser-Busch InBev has agreed to sell its Australian beer business Carlton & United Breweries to Japanese brewing giant Asahi Group in a deal valued at US$11.3bn. Plus, travel food retail specialist SSP Group has grown revenues by 9.2% in its third quarter and all the rest of the latest news from the City.