Senate calls hearing in Anheuser-Busch InBev mega beer deal

November 30, 2015 9:58 PM

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Senate calls hearing in Anheuser-Busch InBev mega beer deal

WASHINGTON Anheuser-Busch InBev's bid to buy its biggest rival, SABMiller, will be the subject of a U.S. Senate hearing next week, the Senate Judiciary Committee said on Monday.

AB InBev, whose takeover of SABMiller would be one of the largest mergers in corporate history, formally announced early in November that it would buy SABMiller for $106 billion. It also said that it agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval.

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