NEWS IN BRIEF

AB InBev to transfer SABMiller’s Panama business to Ambev

By Rachel Arthur contact

- Last updated on GMT

Pic: iStock
Pic: iStock

Related tags: Ab inbev, Spanish language, Anheuser-busch inbev

Anheuser-Busch InBev has agreed to transfer SABMiller’s Panamanian business to Ambev. In exchange, Ambev will transfer to AB InBev its business in Colombia, Peru and Ecuador. 

“This will allow AB InBev to focus on countries where the SABMiller businesses it acquires are well established, and allow Ambev to initiate operations in Panama through the established SABMiller business and further expand its businesses in Central America,” ​says a statement from AB InBev.

The transaction comes as AB InBev works towards completing its takeover of SABMiller.

It is conditional on the successful closing of the acquisition (scheduled for completion in the second half of 2016). 

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