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

 |  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.

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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