AB InBev clears China hurdle in SABMiller takeover deal

AB InBev clears China hurdle in SABMiller takeover deal

A barman pours a beer produced by brewing company SAB Miller at a bar in Cape Town, September 16, 2015. REUTERS/MIKE HUTCHINGS

Brewer Anheuser-Busch InBev cleared a major hurdle toward its takeover of SABMiller with regulatory approval from China on Friday, leaving the acquisition’s future in the hands of the British company’s board.

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