U.S. creeps closer to approving A-B InBev-SABMiller deal

U.S. clearance of the $107 billion merger is on track for later this month, according to three people familiar with the process. The accord could include limits on the combined company’s ownership of distributors, said one of the people.

U.S. antitrust approval would bring the maker of Budweiser a step closer to completing the industry’s biggest merger ever and redraw control of the global beer market.

The merger plan, which the two companies reached in November 2015 as a way to gain access to emerging markets, has already won antitrust approval in more than a dozen jurisdictions, including the European Union. On Tuesday, it received a conditional recommendation by South Africa’s Competition Commission.

Read more: Bloomberg


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