Commission gets new ABInBev deadline | Fin24
 
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Commission gets new ABInBev deadline

May 06 2016 11:30

Johannesburg - The Competition Commission has been granted an extension to its investigation into Anheuser-Busch InBev’s proposed $106bn takeover of fellow brewer SABMiller until May 12, Reuters reported, citing the regulator’s spokesperson, Itumeleng Lesofe.

The regulator failed to complete the probe by Thursday’s most recent deadline, having missed two earlier dates in April. It hasn’t given a reason for the delay beyond saying that there are still issues that need to be considered, Reuters reported.

Lesofe didn’t answer a phone call to his mobile phone and didn’t immediately respond to a text message asking for comment.

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