Sapporo reports USD 92 billion impairment charge on Stone

Japan | Sapporo Holdings was among the first Asian brewers to spend big money on American craft breweries. In 2017, it bought San Francisco’s Anchor Brewing for USD 85 million, followed by the purchase of San Diego’s Stone Brewing in 2022 for USD 165 million. Now 3D Investment Partners, Sapporo’s largest shareholder, has criticised the Japanese firm over its execution of overseas acquisitions.

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