AB InBev Pledges South African Fund to Smooth SABMiller Deal

  • Brewer commits $69 million to support small local farmers
  • Budweiser maker agrees to maintain employment levels

Anheuser-Busch InBev NV agreed to create a 1 billion rand ($69 million) fund that will support the South African beer industry and protect jobs in the country to help seal approval for its proposed $105 billion takeover of SABMiller Plc.

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