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AB InBev Receives Approval From Competition Authority in South Africa

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AB InBev Receives Approval From Competition Authority in South Africa

AB InBev Receives Approval From Competition Authority in South Africa
July 01
10:36 2016

The Competition Tribunal of South Africa has approved with conditions Anheuser-Busch InBev’s proposed acquisition of SABMiller. The Competition Tribunal’s approval means that AB InBev is well on track to close the deal in the second half of 2016.

AB InBev has now obtained approval in 16 jurisdictions. Clearance decisions, with or without conditions, have now been obtained: in Asia-Pacific (Australia, India and South Korea); in Africa (Botswana, Kenya, Namibia, South Africa, Swaziland, and Zambia); in Europe (the EU, Albania, Turkey and Ukraine); and in Latin America (Chile, Colombia and Mexico). Approval in Ecuador is subject to certain conditions.

In the remaining jurisdictions where regulatory clearance is still pending, AB InBev will continue to engage proactively with the relevant authorities to obtain the necessary clearances as quickly as possible.

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