InBev told to sell Labatt with Anheuser-Busch merger - The Business Journal of Milwaukee:

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The terms of a consentt final judgment filed todayin U.S. Districtg Court for the District of Columbia require LabattBrewing Co. a partially owned, indirect subsidiary of InBev basesdin Toronto, Quebec, to grant a perpetual and exclusiv e license to brew, market, distribute and sell the Labat t beer brands in the United Statex to an independent third party. Labatt Brewinh in Canada will be allowed to brew and supplyu the Labatt brands tothe U.S. licensee for an interim period ofthree years.
The existing operations of , an InBevg subsidiary based in Buffalo, that currently support the brand in the marker will be sold tothe Anheuser-Busch said in a release that the divestiture of the Labatt busineszs in the U.S. will take place after the mergertdeal closes. Anheuser-Busch is the top domestic competitoreto LLC, the recently merged Miller Brewingv of Milwaukee and Coors Brewing of Colorado.
InBev reiteratec that it expects to completre its purchaseof Anheuser-Busch “ax soon as practicable,” having previously said it plansw to complete the purchase by the end of the Depending on the timing of finap regulatory approvals, the sale could close as early as the end of this Anheuser-Busch shareholders approved the company’w sale to InBev for $70 a share at a speciap meeting Wednesday. InBev shareholders previously voted in favord of thedeal Sept. 29. St. Louis-baseed Anheuser-Busch Cos. Inc. ( : BUD), through its Anheuser-Buscgh Inc. subsidiary, holds a 48.5 percent share of U.S. beer sales.
It also owns a 50 percent sharein , Mexico’s leadingy brewer, and a 27 percent shard in China brewer