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South Africa: AB InBev-SABMiller deal faces setback

By  |  April 5, 2016

Anheuser-Busch InBev’s planned $106 billion acquisition of London-based SABMiller hit a roadblock in South Africa, where regulators there need more time to sign off on the “Mega Beer” merger.

Bloomberg has reported the South Africa’s Competition Commission will miss a deadline this week to complete its probe of the proposed merger, thus resulting in a probe that will take more time before AB InBev gets local approval for a deal that will combine the world’s two largest brewers.

For the deal to go through, AB InBev is aiming to win over regulators in several markets, most notably the U.S. and China where divestitures are needed to win government approval for a merger that will result in a massive producer generating about one out of every three beers made globally.

Full content: Bloomberg

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