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US: Justice Department requests more info on A-B InBev/SABMiller deal

By  |  January 17, 2016

The Justice Department has issued a second request for information related to Anheuser-Busch InBev’s pending $108 billion acquisition of rival SABMiller, lengthening its antitrust review of the deal.

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    The move by the Justice Department’s antitrust division was expected by the companies, Bloomberg reports.”We continue to work closely with DOJ to provide them additional information,” Marianne Amssoms, a spokeswoman for A-B InBev, told Bloomberg.

    A-B InBev and SABMiller still expect the transaction to close in the second half of this year, sources told the news service.

    A-B InBev and SABMiller announced in November that they had come to terms on a merger deal that will combine two of the world’s largest brewers. Analysts have speculated that A-B InBev could need to sell nearly $7 billion of beer brands in order to gain the regulatory approvals needed for the deal.

    Full content: Bloomberg

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