South Africa’s Competition Commission extends deadline scrutiny for AB-InBev’s acquisition of SABMiller by 15 days.
South Africa’s antitrust authorities have extended the scrutiny period of Anheuser-Busch InBev’s acquisition of SABMiller by 15 days. This is because the competition watchdog needed to further scrutinize the impact of AB-InBev’s $106 billion acquisition of its rival SABMiller.
“The merging parties have agreed to an extension and the new deadline now is the fifth of May,” said Itumeleng Lesofe, a spokesman for the Competition Commission.
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