*** For [https://www.asahiinternational.com/stories/people/asahi-europe-international-statement/ example], <code>Asahi</code>, manufactured for the European market by its local subsidiaries (<code>Peroni</code> in Italy, for instance) but used to be licensed to <code>Carlsberg Marstons</code> or <code>AB Inbev</code> depending on the country. Some <code>Asahi</code> brands are still licensed to <code>AB InBev</code> at least for some European markets. It used to be very opaque, but recent events made that obvious. | *** For [https://www.asahiinternational.com/stories/people/asahi-europe-international-statement/ example], <code>Asahi</code>, manufactured for the European market by its local subsidiaries (<code>Peroni</code> in Italy, for instance) but used to be licensed to <code>Carlsberg Marstons</code> or <code>AB Inbev</code> depending on the country. Some <code>Asahi</code> brands are still licensed to <code>AB InBev</code> at least for some European markets. It used to be very opaque, but recent events made that obvious. |