TAPA Molson Coors Brewing Company

The Justice Department on Wednesday signed off on Anheuser-Busch InBev NV's roughly $108 billion acquisition of rival SABMiller PLC, after the beer companies agreed to several conditions to secure the government's approval.

As part of the Justice Department and AB InBev settlement, the brewer agreed to allow antitrust enforcers to review the brewer's future craft beer and distributor acquisitions. The settlement also prohibits the Belgian-based brewer from instituting incentive programs that encourage AB InBev distributors to sell and promote its beers over rivals.

AB InBev already had agreed to sell SABMiller's U.S. business interest to Molson Coors Brewing Co. in a pre-emptive move to win antitrust approval. The $12 billion sale to Molson of SABMiller's 58% interest in MillerCoors and U.S. rights to brands like Peroni means AB InBev's 45% share of the U.S. market won't change.

Write to Tripp Mickle at Tripp.Mickle@wsj.com and Brent Kendall at brent.kendall@wsj.com

(END) Dow Jones Newswires

July 20, 2016 15:05 ET (19:05 GMT)

Molson Coors Brewing (NYSE:TAPA)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Molson Coors Brewing (NYSE:TAPA)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024