InBev Gets Request For More Information on Anheuser Deal
Belgian brewer InBev said on Monday that U.S. antitrust regulators have asked it for additional information regarding its planned takeover of Budweiser beer maker Anheuser-Busch.
InBev, which makes Stella Artois and Beck's beer, said a request for additional information from the Department of Justice is "a normal and expected part of the regulatory process" and that it remains confident that the $52 billion deal will get approval.
Earlier in the day, Anheuser said in a regulatory filing that Chief Executive August Busch IV plans to enter into a consulting agreement with the combined company that will last through 2013.
Busch will also be a member of the combined company's board.
Anheuser's filing, which contained a copy of an email sent to employees by David Peacock, the brewer's vice president of marketing, said members of its integration team had met with a special committee to work on preparing the company for a takeover.
InBev said it still expects the deal to close by the end of the year.