AB InBev's $11b Australian asset sale to Asahi hits hurdle

AB InBev's $11b Australian asset sale to Asahi hits hurdle

FILE PHOTO: Portfolio beer brands of Budweiser Brewing Company APAC Ltd are displayed during a news conference on the company's IPO in Hong Kong, China July 4, 2019. REUTERS/Andrew Geoffrey Jackson/File Photo

Anheuser-Busch InBev’s $11 billion asset sale to Japan’s Asahi could hurt competition in Australia’s cider sector and may also do the same for beer, the country’s competition regulator warned on Thursday.

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