South Africa Clears AB InBev’s Takeover Of SABMiller

South Africa cleared Anheuser-Busch Inbev's $100 billion-plus deal to acquire SABMiller on Thursday, putting the world's largest brewer "on track" to complete the merger within the next six months.

The Competition Tribunal, which gives the final word on mergers in Africa's most industrialized country, said in a statement that concessions made by AB InBev to get the deal approved were designed to address both public interest and competition concerns arising from the merger.