South Africa’s Competition Tribunal has given its nod to the merger of Anheuser-Busch InBev and SABMiller.
The approval, however, comes with conditions designed to address both public interest and competition concerns arising from the merger.
The brewer of Stella Artois, Budweiser, among others has spent months lobbying governments around the world to secure approval for the merger. In South Africa, AB InBev made concessions which included creating a 1 billion rand fund ($64m) that will support the local beer industry and protect jobs.
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