Competition Commission OKs AB InBev/SABMiller merger (with conditions)

The Competition Commission has recommended that the Competition Tribunal approve the merger between Anheuser-Busch Inbev and SABMiller.

It does, however, suggest a number of conditions.

The Money Show’s Bruce Whitfield interviewed Tembinkosi Bonakele, Commissioner of the Competition Commission, and Stuart Thompson, Founding Brewer of Loxton Lager and former Investment Analyst.

Scroll down for quotes from the audio below.

It’s all systems go! But we do have some conditions.

Tembinkosi Bonakele, Commissioner of the Competition Commission

They’ve agreed to our conditions.

Tembinkosi Bonakele, Commissioner of the Competition Commission

AB Inbev will not retrench any employee ever as a result of this merger.

Tembinkosi Bonakele, Commissioner of the Competition Commission

Employee numbers should increase.

Tembinkosi Bonakele, Commissioner of the Competition Commission

They can threaten and squeeze us. However, we can actually increase the market for them!

Stuart Thompson, Loxton Lager

Our egos are a little bit bigger than our market share.

Stuart Thompson, Loxton Lager

Our competition comes more from the premium wine fraternity.

Stuart Thompson, Loxton Lager

Their scale gives them enormous efficiency.

Stuart Thompson, Loxton Lager

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
SAB Miller / AB InBev: 'It's not going to be a deal-breaker!'

SAB Miller / AB InBev: 'It's not going to be a deal-breaker!'

The SAB MIller and AB InBev deal has been closed. What can be expect of one of the largest mergers in corporate history?

SABMiller’s R1.4 trillion AB Inbev merger the 5th largest corporate deal ever

SABMiller’s R1.4 trillion AB Inbev merger the 5th largest corporate deal ever

AB Inbev will buy SABMiller for a whopping R1.4 trillion, making it the fifth biggest corporate transaction in history.

Analyst provides overview of SABMiller’s R1.4 trillion “deal of the century”

Analyst provides overview of SABMiller’s R1.4 trillion “deal of the century”

An investment analyst with insider knowledge discusses the consequences of the marriage between SABMiller and AB Inbev.

Who is Jan du Plessis, SABMiller’s powerful Chairperson?

Who is Jan du Plessis, SABMiller’s powerful Chairperson?

Get insight into the power and personality of SABMiller Chair Jan du Plessis (and the decision he needs to take on AB Inbev).

SABMiller rejects takeover bid again. Will AB Inbev go to war to force marriage?

SABMiller rejects takeover bid again. Will AB Inbev go to war to force marriage?

AB InBev’s “friendly” – and thus far unsuccessful - attempts to buy SABMiller is starting to look somewhat hostile.

Craft beer industry comments on likely marriage of giants SABMiller and AB Inbev

Craft beer industry comments on likely marriage of giants SABMiller and AB Inbev

The beer world faces its biggest merger ever. Here's what the craft beer industry makes of if this, seemingly, imminent union...

AB InBev explains vision for Africa. SABMiller rejects improved offer

AB InBev explains vision for Africa. SABMiller rejects improved offer

AB InBev explains its vision for Africa if it manages to merge with SABMiller, who just rejected yet another takeover bid.

SABMiller overtakes Naspers to become the largest company in Africa

SABMiller overtakes Naspers to become the largest company in Africa

Anheuser-Busch InBev’s intention to acquire its rival SABMiller is causing a surge in latter’s share price.

Popular articles
KPMG International's meeting with Pravin Gordhan

KPMG International's meeting with Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Pauli van Wyk, a journalist with Scorpio at Daily Maverick.

'KPMG must fall, it's as simple as that' - caller

'KPMG must fall, it's as simple as that' - caller

In the wake of recent allegations, Eusebius McKaiser asks listeners what should happen to KPMG in South Africa.

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

The Money Show’s Bruce Whitfield interviews KPMG South Africa CEO Nhlamu Dlomu.

Ocean View activist speaks: We have had 20 murders in 2017 alone

Ocean View activist speaks: We have had 20 murders in 2017 alone

Sharone Daniels, a community activist in Cape Town's Ocean View says they need police intervention to end gang violence.

Civil engineer devises plan to use stormwater in Cape Town

Civil engineer devises plan to use stormwater in Cape Town

Civil engineer and Ph.D. researcher John Okedi speaks to CapeTalk host John Maytham about his plans.

[WATCH] Day-Zero for water running out fast approaching?

[WATCH] Day-Zero for water running out fast approaching?

A government employee emailed John Maytham about what he or she believes is the real state of play with the Cape water crisis.

Sasfin CEO opens up about dumping KPMG

Sasfin CEO opens up about dumping KPMG

The Money Show’s Bruce Whitfield interviews Sasfin CEO Roland Sassoon.