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Australian Regulator Raises Concerns Over Asahi Group - AB InBev Deal

Australia's competition regulator raised concerns over Asahi Group Holdings Ltd's proposed $11 billion acquisition of Carlton & United Breweries from Anheuser-Busch InBev.

The Australian Competition and Consumer Commission said that it has preliminary concerns that Asahi's proposed acquisition of Carlton & United Breweries may reduce competition in the market for cider, as well as in the beer market.

"The proposed acquisition would combine the two largest suppliers of cider in a highly concentrated market," ACCC Chair Rod Sims said.

The ACCC has released a statement of issues and invites submissions from interested parties by 22 January 2020. The final decision is scheduled for 19 March 2020.

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