ANHEUSER-Busch InBev, the world’s biggest
brewer, has offered to sell all of acquisition target SABMiller’s
central and eastern European assets.
The brewer on Friday announced the updated package of remedies intended to "proactively address potential regulatory considerations" that could hamper its more than R15bn takeover of its nearest rival.
The latest proposal is in addition to the sale of Peroni, Grolsch and Meantime and their related businesses, the company’s statement said.
AB InBev last week agreed to sell those three brands to Japan’s Asahi for €2.55bn.
In China, SABMiller is selling its 49% stake in CR Snow to joint-venture partner China Resources Beer.
The deal faces hurdles other than antitrust issues — empowerment concerns in SA need to be addressed too.
The Food and Allied Workers’ Union (Fawu) is unhappy about the way the Zenzele Employee Trust empowerment vehicle is being treated in the deal.
The brewer on Friday announced the updated package of remedies intended to "proactively address potential regulatory considerations" that could hamper its more than R15bn takeover of its nearest rival.
The latest proposal is in addition to the sale of Peroni, Grolsch and Meantime and their related businesses, the company’s statement said.
AB InBev last week agreed to sell those three brands to Japan’s Asahi for €2.55bn.
In China, SABMiller is selling its 49% stake in CR Snow to joint-venture partner China Resources Beer.
The deal faces hurdles other than antitrust issues — empowerment concerns in SA need to be addressed too.
The Food and Allied Workers’ Union (Fawu) is unhappy about the way the Zenzele Employee Trust empowerment vehicle is being treated in the deal.
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