AB InBev seeks to sell SABMiller’s Grolsch, Peroni

Sale of the brands would help address potential EU antitrust concerns

SABMiller owns a large number of brands including Peroni and Grolsch

SABMiller owns a large number of brands including Peroni and Grolsch

 

Anheuser-BuschInBev is looking to sell SABMiller’s Grolsch and Peroni brands in what it said was a bid to address potential EU antitrust concerns over its planned acquisition of the world’s second largest brewer.

The sale of the brands and their related businesses in Italy, the Netherlands and Britain would be conditional on AB InBev acquiring SABMiller in a cash and share offer currently worth some £72 billion.

AB InBev said it was also looking to sell London-based Meantime Brewing Company given its focus on premium beers.

“Like the previously announced disposal of the (US) Miller business to Molson Coors, these steps reflect AB InBev’s pro-active approach to addressing potential regulatory concerns,” AB InBev, the world’s largest brewer, said in a statement.

Reuters