The Traderszone Network

Published in TZ Latest News 30 November, 2015 by The TZ Newswire Staff

Senate calls hearing in Anheuser-Busch InBev mega beer deal

Anheuser-Busch InBev’s bid to buy its biggest rival, SABMiller, will be the subject of a U.S. Senate hearing next week, the Senate Judiciary Committee said on Monday. AB InBev, whose takeover of SABMiller would be one of the largest mergers in corporate history, formally announced early in November that it would buy SABMiller for $106 billion. The hearing will be held by the Judiciary Committee’s antitrust subcommittee on Dec. 8, the committee said in a brief statement.