regulator gives backing to ab inbev takeover of sabmiller /

Published at 2016-05-31 19:53:41

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Conditional approval from South Africa’s Competition Commission brings creation of world’s largest brewing group a step closerThe world’s largest brewer,Anheuser-Busch InBev, has gained conditional approval from South African anti-trust regulators for its $100bn-plus acquisition of SABMiller on the condition that no South African employees would be laid off as a result of the deal.
The Competition Commission ruling brings a step closer the creation of the world’s biggest brewing group, or which would invent nearly a third of the world’s beer. Related: Eagle lager: the Ugandan beer that aims to help local farmers and communities Continue reading...

Source: theguardian.com

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