Asahi Australia shreds $1.2b in goodwill
![Japanese beverages giant Asahi paid $1.18 billion, or 15.2 times historic earnings, for Schweppes in 2009.](http://web.archive.org./web/20170912131541/http://www.afr.com/content/dam/images/g/y/f/x/x/d/image.related.afrIndexLead.320x210.gyfojc.png/1505203565880.jpg)
Beverages giant Asahi has lost $1.13 billion in Australia in six years after paying too much for Schweppes and Independent Liquor.
Beverages giant Asahi has lost $1.13 billion in Australia in six years after paying too much for Schweppes and Independent Liquor.
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