AB InBev, SABMiller merger given preliminary OK from Justice Department

The U.S. Department of Justice has entered into a consent decree with Anheuser Busch InBev, paving the way for its planned $108 billion merger with SABMiller. The decree makes clear the terms by which the Antitrust Division will allow the proposed merger, which AB InBev still expects to complete by the end of 2016. Among … [ Read more]

MillerCoors acquires majority stake in Terrapin Beer Company

After previously purchasing a minority interest in early 2012, Tenth and Blake Beer Company, the craft and import division of MillerCoors, announced today an agreement to acquire a majority interest in Athens, Georgia-based Terrapin Beer Company. “Bringing Tenth and Blake on years ago allowed us to get to know each other better and realize the … [ Read more]

Teamsters: MillerCoors’ Eden Brewery closure makes industry less competitive

The proposed mega-merger of SABMiller and Anheuser Busch-InBev, along with the related sale of SAB’s stake in MillerCoors to Molson Coors, is currently under review by the Department of Justice Antitrust Division. The International Brotherhood of Teamsters has recently weighed in on a specific aspect of the merger—urging U.S. Attorney General Loretta Lynch to address what they say … [ Read more]

Date Set for SABMiller, AB-Inbev Merger Hearing

U.S. Senators Amy Klobuchar and Mike Lee announced via press release today that the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights will hold a hearing on Anheuser-Busch Inbev’s proposal to purchase SABMiller on Tuesday, December 8, at 10am EST. The hearing will examine how the proposed merger of the world’s two biggest beer … [ Read more]

SABMiller Agrees to AB-InBev Terms, will Divest Stake in MillerCoors

AB InBev and SABMiller have agreed on terms of sale for an estimated £71 billion ($105 billion) merger that would fold the two companies into a new conglomerate. The new company stands to become one of the largest consumer products companies in the world, as 1/3rd of all the beer brewed on earth will fall under their corporate umbrella … [ Read more]

Saint Archer Brewing sells majority stake to MillerCoors’ Tenth & Blake

San Diego-based Saint Archer Brewing Company announced it is selling a majority stake to MillerCoors’ craft and import division, Tenth & Blake. The sale, expected to be finalized this October, is the third acquisition this week behind Heineken’s 50% purchase of Lagunitas and A-B InBev’s acquisition of Virtue Cider. Saint Archer Brewing was founded in 2013, the brainchild … [ Read more]