ACCC approves AB InBev’s proposed sale of CUB to Asahi

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Anheuser-Busch InBev have been given the go ahead by the Australian Competition and Consumer Commission (ACCC) to sell its Australian subsidiary Carlton & United Breweries (CUB) to Asahi Group Holdings Ltd. Asahi Group have agreed to purchase CUB for 16 billion AUD, equivalent to approximately 11 billion USD. The nod from the ACCC is a…

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