DOJ Orders InBev to Divest Labatt In Anheuser Deal

Law360, New York (November 17, 2008, 12:00 AM EST) -- Before Belgian brewer InBev NV can proceed with the $42 billion takeover of Anheuser-Busch Co. Inc., it will be required to divest subsidiary Labatt USA, the U.S. Department of Justice has said.

The DOJ filed the antitrust lawsuit Friday in the U.S. District Court for the District of Columbia, simultaneously proposing a settlement to remedy the competition concerns the merger would create in Buffalo, Rochester and Syracuse, N.Y.

“In three regions of upstate New York, the proposed acquisition would significantly increase the level of concentration in...
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