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AB InBev, SABMiller deal wins preliminary approval in South Africa

( May 31, 2016, 14:44 GMT | Official Statement) -- MLex Summary: South Africa’s Competition Commission has conditionally approved Anheuser-Busch InBev’s planned purchase of UK drinks company SABMiller. The commission said several competition and public interest concerns had been raised during a consultation period. It recommended conditions such as keeping bottling arrangements for Coca-Cola and Pepsi separate, AB InBev’s divestment of its interest in cider producer Distell and maintaining cold room and refrigerator space for smaller beer companies. The merger will now be forwarded to South Africa’s Competition Tribunal for a final decision.The full text of the statement is below....

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