AB InBev has announced that the new group, created by the combination of AB InBev and SABMiller, will be based in Belgium. Meanwhile, other details of the combined group – such as top jobs and organizational structure – have been announced.
The International Alliance for Responsible Drinking – a group supported by global alcohol beverage companies including AB InBev, Heineken and Diageo – says ‘good progress’ has been made on a set of commitments to reduce alcohol related harm.
The US Department of Justice says it will permit Anheuser-Busch InBev to proceed with its acquisition of SABMiller. A settlement requires AB InBev to divest SABMiller’s entire US business, including its ownership interest in MillerCoors.
The US Department of Justice has reached a final agreement with AB InBev and SABMiller, which will allow Molson Coors to acquire SABMiller’s 58% stake in MillerCoors, as well as the Miller brand portfolio outside of the US.
The European Commission has opened an investigation to assess whether AB InBev has abused its ‘dominant position on the Belgian beer market’ by hindering imports of its beer from neighboring countries, in breach of EU antitrust rules.