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InBev SABMiller Merger
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European Commission May Approve €71bn Ab InBev-SABMiller Merger Deal
May 25, 2016The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
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Australian Competition Regulator Approves £71bn Anheuser Busch InBev-SABMiller Merger
May 9, 2016The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...
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Asahi Group Agrees to Acquire SABMiller's Peroni, Grolsch, and Meantime Brands for $2.9bn
Apr 21, 2016Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
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Diageo Completes Sale of Red Stripe to Heineken for $780.5m
Dec 24, 2015UK-based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for $780.5m. The deal, which was announced in October, entails Diageo offloading its brewing companies in Jamaica, Malaysia and Singapore, to ...
Tags: Diageo, Jamaican lager Red Stripe, Food
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US Lawmakers Express Concerns Over Ab InBev-SABMiller Merger
Dec 10, 2015Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
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Anheuser-Busch Inbev and Sabmiller Reach Final Agreement Over Gbp71bn Merger Deal
Nov 13, 2015The GBP71bn Anheuser-Busch InBev-SABMiller merger deal process is inching forward as both the companies have reached a final agreement. However, the deal is yet to gain approval from regulators and shareholders. Post clearances, the deal ...