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US Justice Department says it approves SABMiller, ABI deal

The settlement requires ABI to divest SABMiller's entire U.S. business - including SABMiller's ownership interest in MillerCoors,the worldwide Miller beer brand rights.

By: Reuters | Washington | Published: July 21, 2016 1:09:27 am

The US Justice Department said on Wednesday it had agreed to a settlement with Anheuser-Busch InBev SA that will permit ABI to proceed with its acquisition of SABMiller Plc.

“The settlement requires ABI to divest SABMiller’s entire U.S. business – including SABMiller’s ownership interest in MillerCoors, the right to brew and sell certain SABMiller beers in the United States and the worldwide Miller beer brand rights.

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This settlement will prevent any increase in concentration in the US beer industry,” the Department said in a statement.

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