Lazard and Rothschild are running the multibillion-dollar sale of brewer AB InBev’s Australian business to Asahi, the Japanese beer house — in another notable win for independent investment banks over their larger rivals.

A Lazard team led by New York-based Alex Hecker, co-head of consumer, retail and leisure banking, is advising AB InBev on the $11.3bn sale of Carlton & United Breweries, which was announced on July 19.