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Australia OKs AB InBev's $100B SABMiller Buyout Plan

By Fola Akinnibi ( May 5, 2016, 12:28 PM EDT) -- Australia's antitrust watchdog approved Anheuser-Busch InBev SA's planned takeover of SABMiller PLC on Thursday, saying the $100 billion deal is unlikely to harm consumers or the country's beer market as a whole, allowing the beer giants to clear another hurdle in their quest for approval of the massive tie-up. . . .

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