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Anheuser-InBev Sells Labatt's US Business

Stock quotes in this article: BUD  

BRUSSELS (AP) — Anheuser-Busch InBev said Friday it has completed its sale to a private equity group of the unit that imports Canada's Labatt beer into the United States.

The world's largest brewer had to sell that business to win antitrust approval for its $52 billion takeover of Anheuser-Busch last year.

Anheuser-Busch InBev said in a news release Friday it completed the sale of assets of InBev USA LLC — known as Labatt USA — to private equity group KPS Capital Partners. ...

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