15th Jan 2016 06:27
LOEWEN (Alliance News) - US antitrust officials have started an in-depth investigation of Anheuser-Busch InBev NV's proposed acquisition of London-listed rival SABMiller PLC, seeking additional information on the merger of the two brewing giants, Bloomberg reported.
The Justice Department's antitrust division recently issued a so-called second request to the beer maker. The inquiry, which had been expected by the two companies, will lengthen the review of how the combination will affect competition and prices for beer.
To resolve antitrust concerns in the US, AB InBev has agreed a deal to sell SABMiller's 58% stake in MillerCoors to joint-venture partner Molson Coors Brewing Co.
Copyright RTT News/dpa-AFX
Related Shares:
SAB.L