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AB InBev Wins U.S. Antitrust Approval for SABMiller Deal

  • Justice Department clears merger with sale of Miller brand
  • Brewer has faced pressure from SABMiller to revise deal terms
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Why Does AB InBev Want SABMiller So Much?

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Anheuser-Busch InBev NV won U.S. antitrust approval for its takeover of SABMiller Plc, after the maker of Budweiser agreed to give up ownership of the Miller brand and open the door to greater competition from craft beers.

AB InBev will sell SABMiller’s stake in MillerCoors LLC, separating the two brands, and refrain from practices that restrict distribution of smaller rival brews, thus protecting the ability of craft and import beers to compete, the Justice Department said in a statement Wednesday. The settlement will prevent any increase in concentration in the U.S. beer industry, according to the statement.