AB InBev’s $100bn acquisition of SabMiller gets EU regulatory clearance

EU regulators cleared antitrust hurdles for the $100bn Anheuser Busch – SabMiller merger transaction on the condition that Anheuser Busch would completely sell SabMiller’s European business operations.

AB InBev has agreed to sell SabMiller’s brands of Peroni, Grolsch and Meantime to Japan’s Asahi Group Holdings, in addition to further divestments.

The deal needs approvals from the Chinese and U.S. authorities whilst Australian and  South African authorities have approved the merger.

Source: Reuters

 

 

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