29-07-2016 13:56 via news.yahoo.com

China conditionally approves AB Inbev-SABMiller merger: ministry

Chinese regulatory authorities conditionally approved brewer Anheuser-Busch InBev’s giant takeover of SABMiller Friday, clearing one of the last major hurdles for the $103 billion deal to go ahead. The commerce ministry "decided to approve" the sale on condition that SABMiller's own stake in China's biggest brewery was disposed of, its anti-monopoly bureau said in a statement on its website -- a transaction which has already been agreed. The takeover has previously been approved by regulat
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