Will AB InBev (BUD) Stock Be Helped by Possible Peroni, Grolsch Sale?

AB InBev (BUD) is reportedly considering a sale of the Peroni and Grolsch brands to up its odds of winning regulatory approval for its SABMiller (SBMRY) acquisition.
By Rachel Graf ,

NEW YORK (TheStreet) -- Anheuser-Busch InBev (BUD) - Get Report might sell the Peroni and Grolsch brands to increase its chances of gaining regulatory approval for its $107 billion acquisition of SABMiller (SBMRY), sources told Bloomberg.

An official sales process has not begun, Bloomberg adds.

Earlier this month, SABMiller sold its stake in its MillerCoors joint venture to partner Molson Coors (TAP) for $12 billion in an effort to win regulatory approval.

The combination of the world's two biggest brewers will likely create a company that will hold the first and second positions in 24 of the world's 30 biggest beer markets, Bloomberg reports. The merger has raised concerns about competition within the industry.

Shares of the brewing company closed down 0.53% to $128.46 in Monday's trading session.

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