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BUD Anheuser Busch Inbev SA NV

65.01
1.86 (2.95%)
After Hours
Last Updated: 23:15:07
Delayed by 15 minutes
Name Symbol Market Type
Anheuser Busch Inbev SA NV NYSE:BUD NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  1.86 2.95% 65.01 65.66 64.75 65.00 1,388,672 23:15:07

AB InBev Offers to Sell More SABMiller Assets

29/04/2016 8:50am

Dow Jones News


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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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