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InBev Gets Request For More Information on Anheuser Deal

Reuters
Monday, 18 Aug 2008 | 4:35 PM ET

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
InBev

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.

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