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Anheuser-Busch agrees to sell CBA's Kona brand to resolve US DOJ concerns over acquisition

( September 18, 2020, 20:00 GMT | Official Statement) -- MLex Summary: Anheuser-Busch has agreed to divest Craft Brew Alliance’s Kona beer brand to PV Brewing Partners as part of a settlement with the US Department of Justice over its purchase of CBA. The DOJ found that the deal would eliminate important head-to-head competition between Anheuser-Busch and CBA in Hawaii, and would facilitate price coordination following the transaction.See documents below. ...

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