Anheuser-InBev Sells Labatt's US Business

InBev, brewer of Stella Artois and Beck's, and Anheuser-Busch did not compete against each other in most other beer markets around the country.

The sale to KPS Capital Partners affects Labatt beer brewed in the U.S. and Canada solely for consumption in the U.S. It does not affect Labatt branded beer in Canada, the brewer said.