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SABMiller

AB InBev says it has US approval for SABMiller merger

Anheuser-Busch InBev, the world's largest beer maker, announced Wednesday that it has reached an agreement with the Justice Department that clears the way for U.S. approval of its acquisition of SABMiller.

AB InBev, the maker of Budweiser and Bud Light, will sell SABMiller's entire U.S. business to Molson Coors as previously announced as part of the agreement. That means Budweiser would continue to compete with Miller beer in the United States.

The merger with the maker of Miller Genuine Draft, a deal valued at about $107 billion, had raised concerns that a single company would control too much of the beer market. The combined company would have about 31 percent of the...

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