NEW YORK (TheStreet) -- Shares of Anheuser Busch InBev (BUD) - Get Report closed down by 0.06% to $126.22 on Tuesday, even though the Belgium-based brewer is one step closer to acquiring SABMiller (SBMRY) after the South African antitrust regulators recommended the approval of the deal.
The Competition Commission of South Africa recommended that the Competition Tribunal approve the transaction with conditions after an investigation.
One of the conditions requires AB InBev to divest SABMiller's share of the cider maker Distell Group (DTLJF) within three years after the AB InBev and SABMiller deal closes, the Wall Street Journal reports.
The transaction, which was announced in November, has already been approved by the European Commission and the South African Reserve Bank.
AB InBev expects the deal will close in the second half of the year, pending approval by regulators in China and the U.S.