DoJ Requires Divestiture in ABI Acquisition of CBA

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The Department of Justice (DoJ) announced it is requiring Anheuser-Busch InBev SA/NV (ABI), its wholly-owned subsidiary Anheuser-Busch Companies LLC (AB Companies), and Craft Brew Alliance Inc. (CBA) to divest CBA’s entire Kona brand business in the state of Hawaii and to license to the acquirer the Kona brand in Hawaii in order for AB Companies, a minority shareholder in CBA, to proceed with its proposed acquisition of the remaining shares of CBA. The department has approved PV Brewing Partners, LLC as the acquirer. The DoJ believes the proposed settlement will maintain competition in the beer industry in Hawaii, thereby benefitting consumers.