Staropramen set to fall to Japanese Asahi in $3bn takeover

The British private equity giant CVC Capital Partners is in the final stages of selling the Staropramen Czech lager business to Japan's Asahi for $3bn (£1.87bn).

CVC bought StarBev in 2009, but put it up for sale after bid interest from Britain's SABMiller, Carlsberg, Heineken and Asahi.

All but Asahi are thought to have dropped out due to concerns their bids would be blocked by competition watchdogs. They already have big operations in eastern Europe.