AB InBev Clears SAB Fence in South Africa as Union Withdraws

  • FAWU says will take no further part in approval proceedings
  • Talks on employee share program to take place separately

Anheuser-Busch InBev NV cleared a hurdle toward gaining approval for the brewer’s takeover of SABMiller Plc in South Africa as the country’s Food and Allied Workers Union said it will take no further part in the regulatory approval process.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.