Carlton & United Breweries (CUB Pty. Ltd.) is an iconic Australian brewing company. On 19 July 2019, Japanese beer company Asahi enterred a AU$16 billion takeover deal of CUB which will finalise in 2020. CUB produces many of Australia’s most successful beverages, including Victoria Bitter, Carlton Dry, Carlton Draight, Cascade Bitter, Crown Lager, Fat Yak, Fosters, Pure Blonde and Redback.