AB InBev Offers to Sell More SABMiller Assets
April 29 2016 - 3:50AM
Dow Jones News
LONDON—Anheuser-Busch InBev NV has offered to sell SabMiller
PLC's assets in Central and Eastern Europe to try to allay the
European Commission's regulatory concerns related to its proposed
acquisition of the brewer.
The Belgian brewer said Friday it has offered SABMiller PLC's
assets inHungary, Romania, Czech Republic, Slovakia and Poland for
divestment, in addition to Peroni, Grolsch and British craft beer
Meantime and their related businesses.
AB InBev plans to close the overall transaction during the
second half of 2016.
As previously stated, the proposed divestments are subject to
review and approval by the European Commission.
The AB InBev-SABMiller merger would create the world's biggest
beer group with about 30% of the global beer market.
Write to Razak Musah Baba at Razak.Baba@wsj.com
(END) Dow Jones Newswires
April 29, 2016 03:35 ET (07:35 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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