Japanese beer giant Asahi said Tuesday it would buy the Peroni and Grolsch brands from the world's world's top brewer Anheuser-Busch InBev, which it had pledged to sell as part of a tie-up with SABMiller.

Terms of the deal -- which also includes UK brand Meantime -- were not released but AB InBev previously said Asahi had offered 2.55 billion euros ($2.8 billion) for the brands.